The German bank KfW, with assets of about 521 billion dollars in the first position of the list of the safest banks in the world according to the annual list of Global Finance.
The agency chooses the beginning of each year the 50 banks with the highest ratings from leading austin tx ratings austin tx agencies. The Global Finance ranks the firms by size and credit quality. The initial selection is made among the 500 largest banks based on assets, to which the ratings of the firms Fitch Ratings, Moodys Investors Service and Standard & Poors, with appropriate weighting. In cases where some banks are tied to evaluation selected the largest of these. This year due to the global "turmoil" in the global financial system, the Global Finance published in mid-year review of the annual list. It is noteworthy that none of the first seven names on the list do not belong austin tx to the world of "conventional" banking groups, austin tx and the list included 13 new entrants, which means that more than a fifth of last year's safest banks suffered worse off and put off List. In the list among new arrivals included the Finnish Pohjola Bank, who climbed to 28th place, with overall credit score on a par with the British HSBC, which is one of the largest banks in the world. As a new and safer include OCBC and United Overseas Bank of Singapore, sharing the 37th position and competing assessments of the German giant Deutsche Bank and Bank of Montreal, Canada. Entrants in the leading positions among the safest brands are Royal Bank of Canada and Spain's Banco Santander with common characteristics such as greater skepticism towards austin tx the risk in comparison with their competitors, and there are banks that moved in the rankings, also reaping the benefits of effective risk management. The No1, the KfW, belongs to the federal government and state governments of Germany. Created in the modern form of the Marshall Plan and has the task of social development. The No. 2, the La Caisse des Dépôts et Consignations, is the sovereign wealth fund of France, dedicated to sustainable and social development of the country. The Bank Nederlandse Gemeenten also owned by the government and local authorities in the Netherlands, austin tx while the Landwirtschaftliche Rentenbank controls the German government and has the task of agricultural development of the country. The Rabobank is owned by 153 independent cooperative banks in the Netherlands. The Landeskreditbank Baden-Württemberg Förderbank owned by the German state Baden-Wurttemberg and the Land NRW.Bank Rhine - Westphalia. The risk aversion benefited and some of the old houses. The JP Morgan Chase actually manages to climb a step and Deutsche Bank kept its position at number 29, in stark contrast to the Bank of America, the Citi, Barclays and the Royal Bank of Scotland, who lost all their place among the safest brands on the planet. H Global austin tx Finance awards for the first time with an honorable mention two banks failed to be included in the Top 50, the National Bank of Abu Dhabi and Northern Trust. The ratings of these banks were the same as those at the bottom of the list of 50 safer, but their total assets were lower, so they did not come in the list. CLASSIFICATION OF BANKS (based on evaluations of the firms Fitch Ratings, Moodys Investors Service and Standard & Poors) Rank / Bank / Country
1. KfW, Germany 2. Caisse des Dépots et Consignations (CDC), France 3. Bank Nederlands Gemeenten (BNG), Holland 4. Landwirtschaftliche Rentenbank, Germany 5. Rabobank, Netherlands 6. Landeskreditbank Baden-Württemberg-Forderbank, Germany 7. NRW. Bank, Germany 8. BNP Paribas, France 9. Banco Santander, Spain 10. Royal Bank of Canada, Canada 11. National Australia Bank, Australia 12. Commonwealth Bank of Australia, Australia 13. Banco Bilbao Vizcaya Argentaria (BBVA), Spain 14 . Toronto-Dominion Bank, Canada 15. Australia & New Zealand Banking Group, Australia 16. Westpac Banking Corporation, Australia 17. Banco Español de Crédit o SA (Banesto), Spain 18. ASB Bank Limited, New Zealand 19. HSBC, United Kingdom 20. Crédit Agricole, France
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