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NEW YORK, Sept. 23, 2016 — Global Finance has named the Safest Banks in China for 2016 as part of its 25th annual World’s Safest Banks rankings and its 9th annual Stars of China special report. Both features will be published in Global Finance’s November issue.
The full Safest Banks 2016 report includes the following rankings: World’s 50 Safest Banks, World’s 50 Safest Commercial Banks, Safest Banks by Country, 50 Safest Banks in Emerging Markets, 50 Safest European Banks, 50 Safest Banks in the Middle East, Safest Chinese Banks, Safest Islamic Financial Institutions in the GCC, and Safest Banks by Region (Asia, Australasia, Central & Eastern Europe, Latin America, Middle East/Africa, North America and Western Europe). The report will also compare the 2016 Safest Banks against Global Finance’s rankings from 5 and 10 years ago.
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.
Rank |
Bank Name |
---|---|
1 |
China Development Bank |
2 |
Agricultural Development Bank of China |
3 |
Export-Import Bank of China |
4 |
Industrial and Commercial Bank of China |
5 |
China Construction Bank |
6 |
Agricultural Bank of China |
7 |
Bank of China |
8 |
Bank of Communications |
9 |
China Merchants Bank |
10 |
China CITIC Bank |
Ratings current as of August 9, 2016
METHODOLOGY
About Global Finance
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. Global Finance’s audience icludes senior corporate and financial officers responsible for making investment and strategic decisions at multinational companies and financial institutions. Global Finance also targets the 8,000 international portfolio investors responsible for more than 80% of all global assets under professional management.
Its website — GFMag.com — offers analysis and articles that are the heritage of 29years of experience in international financial markets. Global Finance is headquartered in New York, with offices around the world. Global Finance regularly selects the top performers among banks and other providers of financial services. These awards have become a trusted standard of excellence for the global financial community.
For editorial information please contact:
Andrea Fiano | afiano@gfmag.com
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Chris Giarraputo | chris@gfmag.com
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