The full exclusive survey will be published in the November 2017 issue as part of the publication’s 26th annual ranking of the World’s Safest Banks.
Global Finance has named the World’s 50 Safest Commercial Banks for 2017 in an exclusive survey to be published in the November 2017 issue of the magazine. Scroll below for a look at the top 25. For commercial banks to qualify for this ranking, they were required to be not majority owned by government or regional authorities. 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.
The top spot on this year’s list went 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.
Some 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.
In addition to the World’s 50 Safest Commercial Banks, the full report also includes the following: World’s 50 Safest Banks, Safest Banks by Country, 50 Safest Banks in Emerging Markets, Safest Islamic Financial Institutions in the GCC, and Safest Banks by Region (Africa, Asia, Australasia, Central & Eastern Europe, Latin America, Middle East, North America and Western Europe).
RANK |
BANK |
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 |