Global Finance
Names TD Bank Group of Canada the World’s Safest Bank 2013 in North America
New York, August 26, 2013
–
Global Finance
magazine has named the
Safest Banks in North America
in an exclusive survey to be published in the October 2013 issue. Winners were selected through an evaluation of long-term credit ratingsfrom Moodys, Standard & Poors and Fitchand total assets of the 500 largest banks worldwide.
Canadian banks continue to dominate this list, taking positions one through six.
The full report evaluates the safest banks in Western Europe, Central and Eastern Europe, Asia, the Middle East, North America, Latin America and Australasia.
Bank counterparty assessment has become an intrinsic part of the job of a CFO and treasurer, says
Global Finance
publisher Joseph D. Giarraputo.
Global Finance
s Safest Banks ranking provides an objective tool for benchmarking and analysis of regional banks.
|
Rank |
Group Name |
Country |
| 1 |
TD Bank Group |
Canada |
| 2 |
Royal Bank of Canada |
Canada |
| 3 |
Bank of Nova Scotia |
Canada |
| 4 |
Caisse centrale Desjardins |
Canada |
| 5 |
Bank of Montreal |
Canada |
| 6 |
CIBC |
Canada |
| 7 |
BNY Mellon |
United States |
| 8 |
CoBank |
United States |
| 9 |
AgriBank |
United States |
| 10 |
AgFirst |
United States |
Ratings current as of July 30, 2013
