GLOBAL FINANCE
names theWorld’s Safest Banks 2012 inAustralasia
NEW YORK, August 16, 2012
Global Finance
magazine (
GF
mag.com) has namedthe
Safest Banks in Australasia
in an exclusive survey to be published in theOctober 2012 issue. Winners were selected through an evaluation oflong-term credit ratingsfrom Moodys, Standard & Poors and Fitchand total assets of the 500 largest banksworldwide.
For the first time this year, a bank from New Zealand made it onto
Global Finance
s
World’s 50 Safest Banks list, and the regional list below, because their assets qualified them as one of the 500 largest banks in the world.
The full report evaluates the safest banks in Western Europe, Central and Eastern Europe,Asia, the Middle East, North America, Latin America and Australasia.
“More than ever, customers around the world are viewing long-term creditworthiness asthe key feature of the banks with which they do business,” says Joseph D. Giarraputo,publisher of
Global Finance
. “These banks have solid capital positions and superior riskmanagement capabilities.”
For editorial information please contact: Andrea Fiano, Editor, email:
afiano@gfmag.com
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PR date:
Global Finance
Magazine August 16, 2012 / Ratings current as of July 30, 2012