Singaporean Banks Dominate Safest Banks In Asia Survey

Each year Industry publication Global Finance selects the best financial institutions around the world. These awards have become a recognized and trusted standard of excellence.

In an exclusive survey to be published in the November 2015 issue Global Finance has named the Safest Banks in Asia. 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.

Singaporean banks dominate the list once again this year, taking the top three positions.

The full 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, 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).

Global Finance publisher and editorial director Joseph D. Giarraputo said, “The past year has been a rollercoaster for companies and investors, as some of the region’s biggest markets have seen intense volatility and major market changes. Global Finance’s Safest Banks ranking 2015 highlights those banks that have built strong foundations providing safety and security in this rapidly changing market landscape.”

 

Safest Banks in Asia 2015

Rank              Bank Name                                                            Country

1                      DBS Bank                                                              Singapore

2                     Oversea-Chinese Banking Corp                        Singapore

3                     United Overseas Bank                                        Singapore

4                     Hang Seng Bank                                                  Hong Kong

5                     China Development Bank                                  China

6                     Agricultural Development Bank of China      China

7                     Export-Import Bank of China                           China

8                     Korea Development Bank                                 South Korea

9                     Industrial Bank of Korea                                   South Korea

10                   Export-Import Bank of Korea (KEXIM)        South Korea

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