Global Finance Names The 50 Safest Banks In Emerging Markets 2015

It is against this backdrop that Global Finance announces it’s annual ranking of the Safest Banks in Emerging Markets. Global Finance’s Safest Banks rankings have been the recognized and trusted standard of financial counterparty safety for 24 years.

The top four spots in this year’s listing have not changed from 2014, with National Bank of Abu Dhabi coming in first place, followed by China Development Bank, Agricultural Development Bank of China and Export-Import bank of China. Coming in fifth place this year, up from seventh last year, is Korea Development Bank.

Banks from the Gulf and Middle East land 23 of the top 50 spots and Asian banks take 21. South Korea, with 9 banks, and Saudi Arabia and China, with 8 each, are the largest individual countries on the list.

The bank that saw the greatest shift in the rankings this year was South Korea’s Shinhan Bank, which moved up 10 postitions to 18th place.

New to the list year are Gulf Bank, of Kuwait, and Qatar Islamic Bank.

Global Finance evaluates the ratings and total assets of the main players in developing economies to create the rankings—providing an overview of the key banks in each region and which financial institutions offer the greatest security. Banks were selected through an evaluation of long-term foreign currency ratings—from Moody’s, Standard & Poor’s and Fitch Ratings—and total assets of the 500 largest banks in emerging markets.

In addition to the 50 Safest Banks in Emerging Markets, the full report also includes the following rankings: World’s 50 Safest Banks, World’s 50 Safest Commercial Banks, Safest Banks by Country, Safest Islamic Financial Institutions in the GCC, Safest Banks by Region (Asia, Australasia, Central & Eastern Europe, Latin America, Middle East/Africa, North America and Western Europe) and Safest Emerging Markets Banks by Region (Asia and Sub-Saharan Africa).

“The Safest Banks in Emerging Markets ranking highlights those banks that have built strong foundations—providing safety and security in this rapidly-changing market landscape,” says Global Finance publisher and editorial director Joseph D. Giarraputo. “This ranking is an invaluable tool for companies and investors to evaluate institutional strength in fast-growing emerging markets.”