Saturday, 23 September 2017

THE WORLD'S FIFTY SAFEST COMMERCIAL BANKS 2017

The top spot on this year’s list goes to DZ Bank, which moves up one position from last year’s ranking. New banks in the top 10 this year are Switzerland’s Pictet & Cie and Rabobank from the Netherlands. Three of Singapore’s leading banks make the top 10 again in 2017, each moving up one position over last year, with DBS Bank at #2, OCBC Bank at #4 and United Overseas Bank at #5. New additions to the list for 2017 are UAE’s First Abu Dhabi Bank at #17, Farm Credit Bank of Texas from the United States at #30, Germany’s Bank für Sozialwirtschaft at #31 and National Building Society from the UK at #41. The biggest jump up the list this year was made by ING from the Netherlands, with a 12 position move to #38.

Banks were selected through an evaluation of long-term foreign currency ratings—from Moody’s, Standard & Poor’s and Fitch—and total assets of the 500 largest banks worldwide.  “Countries around the world, for the past several years, have been tightening regulation in an attempt to forestall another financial crisis. Both government-backed banks, dominant in many parts of the world, and private commercial banks are attempting to respond to the demand of corporate treasurers and other international clients, to provide those clients with financial services they can trust.

RANK    BANK NAME                                              COUNTRY
1             DZ Bank*                                                      Germany
2             DBS Bank                                                      Singapore
3             Svenska Handelsbanken                                Sweden
4             Oversea-Chinese Banking Corp                    Singapore
5             United Overseas Bank                                   Singapore
6             Deutsche Apotheker- und Ärztebank           Germany
7             Toronto-Dominion Bank                               Canada
8             Pictet & Cie                                                  Switzerland
9             Royal Bank of Canada                                   Canada
10           Rabobank                                                       Netherlands
11           ANZ Group                                                    Australia
12           Commonwealth Bank of Australia                Australia
13           Nordea                                                           Sweden
14           Westpac                                                         Australia
15           National Australia Bank                                Australia
16           Swedbank                                                      Sweden
17           First Abu Dhabi Bank**                                UAE
18           Hang Seng Bank                                            Hong Kong
19           AgriBank                                                       United States
20           Fédération des Caisses Desjardins               Canada
21           U.S. Bancorp                                                United States
22           Skandinaviska Enskilda Banken                  Sweden
23           DNB                                                             Norway
24           HSBC France                                               France
25           CoBank                                                        United States
26           National Bank of Kuwait                             Kuwait
27           OP Corporate Bank                                      Finland
28           AgFirst                                                         United States
29           LGT Bank                                                    Liechtenstein
30           Farm Credit Bank of Texas**                      United States
31           Bank für Sozialwirtschaft**                        Germany
32           Scotiabank                                                   Canada
33           Bank of Montreal                                        Canada
34           CIBC                                                           Canada
35           Qatar National Bank                                    Qatar
36           HSBC Holdings                                           United Kingdom
37           UBS                                                             Switzerland
38           ING***                                                        Netherlands
39           Banque Federative du Credit Mutuel          France
40           BNY Mellon                                                United States
41           Nationwide Building Society**                   United Kingdom
42           Shinhan Bank                                               Korea
43           State Street                                                   United States
44           Northern Trust                                             United States
45           Banco Santander Chile                                Chile
46           Suncorp-Metway                                         Australia
47           Kiwibank                                                     New Zealand
48           BNP Paribas                                                France
49           Wells Fargo                                                 United States
50           Bank of Tokyo-Mitsubishi                            Japan


** New entry to the ranking

*** Greatest gain over position on the 2016 list

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