The World’s Safest Banks In 2012

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According to  Global Finance survey of the World’s 50 Safest Bank in 2012, American banks are really not safe at all, at least compared to other countries. Not a single U.S. bank figured in the top 20. Almost forty percent of these banks were European; including Credit Agricole in France and Banco Santander  in Spain.

Global Finance has been compiling a list of the World’s 50 Safest Banks for the past 21 years . Rankings are determined by long-term credit ratings and analysis of total assets owned by the 500 largest banks in the world.

Top-10 World’s Safest Banks in 2012:

1. KfW – (Germany)
2. Bank Nederlandse Gemeenten (BNG) – (Netherlands)
3. Zürcher Kantonalbank – (Switzerland)
4. Landwirtschaftliche Rentenbank – (Germany)
5. Caisse des Dépôts et Consignations (CDC) – (France)
Tie* 6. Landeskreditbank Baden-Württemberg Förderbank (L-Bank) – (Germany)
Tie* 6. Nederlandse Waterschapsbank – (Netherlands)
7. Banque et Caisse d’Épargne de l’État – (Luxembourg)
8. Rabobank Group – (Netherlands)
9. NRW.Bank – (Germany)
10. Royal Bank of Canada (RBC) – (Canada)
11. Toronto-Dominion Bank (TD Bank) – (Canada)
Tie* 12. National Australia Bank – (Australia)
Tie* 12. Commonwealth Bank of Australia – (Australia)
13. Westpac Banking Corporation – (Australia)
14. Scotiabank (Bank of Nova Scotia) – (Canada)
15. DBS Bank – (Singapore)
16. Oversea-Chinese Banking Corporation – (Singapore)
17. United Overseas Bank – (Singapore)
18. Caisse centrale Desjardins – (Canada)
19. HSBC Holdings – (United Kingdom)
20. Nordea Bank – (Sweden)

[See complete list on Global Finance]

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The World’s Safest Banks In 2012