50 most safest banks in the world in 2009

by Chirag on September 4, 2009

In a list of the world’s 50 safest banks, there is not a single Indian bank  despite the fact that Indian banking system was termed one of the most robust because it was not affected by the financial crises that hit banks across the globe.

How was the selection made ?
The ‘World’s 50 Safest Banks 2009′ were selected through a comparison of the long-term credit ratings and total assets of the 500 largest banks around the world. Ratings from Moody’s, Standard & Poor’s and Fitch were used.

Here’s the list :

1. KfW (Germany)
2. Caisse des Depots et Consignations (France)
3. Bank Nederlands Gemeenten (Netherlands)
4. Landwirtschaftliche Rentenbank (Germany)
5. Zuercher Kantonalbank (Switzerland)
6. Rabobank Group (Netherlands)
7. Landeskreditbank Baden-Wuerttemberg-Foerderbank (Germany)
8. NRW Bank (Germany)
9. BNP Paribas (France)
10. Royal Bank of Canada (Canada)
11. National Australia Bank (Australia);
12. Commonwealth Bank of Australia (Australia);
13. Banco Santander (Spain);
14. Toronto-Dominion Bank (Canada);
15. Australia & New Zealand Banking Group (Australia);
16. Westpac Banking Corporation (Australia);
17. ASB Bank Limited (New Zealand);
18. HSBC Holdings plc (United Kingdom);
19. Credit Agricole S.A. (France);
20. Banco Bilbao Vizcaya Argentaria (Spain);
21. Nordea Bank AB (publ) (Sweden);
22. Scotiabank (Canada);
23. Svenska Handelsbanken (Sweden);
24. DBS Bank (Singapore);
25. Banco Espanol de Credito S.A. (Spain);
26. Caisse centrale Desjardins (Canada);
27. Pohjola Bank (Finland);
28. Deutsche Bank AG (Germany);
29. Intesa Sanpaolo (Italy);
30. Caja de Ahorros y Pensiones de Barcelona (Spain);
31. Bank of Montreal (Canada);
32. The Bank of New York Mellon Corporation (United States);
33. DnB NOR Bank (Norway);
34. Caixa Geral de Depositos (Portugal);
35. United Overseas Bank (Singapore);
36. Oversea-Chinese Banking Corp. (Singapore);
37. CIBC (Canada);
38. National Bank Of Kuwait (Kuwait);
39. J.P. Morgan Chase & Co.(United States);
40. UBS AG (Switzerland);
41. Societe Generale (France);
42. Wells Fargo & Co. (United States);
43. Credit Suisse Group (Switzerland);
44. Banque Federative du Credit Mutuel (France);
45. Credit Industriel et Commercial (France);
46. Nationwide Building Society (United Kingdom);
47. US Bancorp (United States);
48. Shizuoka Bank (Japan);
49. Northern Trust Corporation (United States);
50. National Bank of Abu Dhabi (United Arab Emirates) [via]

Hope to see a Indian Bank in 2010!

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