The 17 safest banks in the world
Despite all of the headlines about a banking crisis in Greece, Europe is home to the world's safest commercial banks, according to a report by Global Finance Magazine.
The study compares 500 of the world's largest banks and their "long-term foreign currency ratings" issued by Fitch, S&P, and Moody's as of August 2014.
The banks are then given a score where 10 points are awarded for a AAA rating, 9 points for AA+ rating, and so on, according to Andrew Cunningham, project coordinator for Global Finance Magazine.
The ranking does not include banks owned by other banks and government import-export finance institutions.
17. National Australia Bank
Country: Australia
Assets: $752,585,000
Fitch: AA-
Moody's: Aa2
S&P: AA-
Global Finance ranking score: 22
Source: Global Finance Magazine
16. Royal Bank of Canada
Country: Canada
Assets: $823,278,000
Fitch: AA
Moody's: Aa3
S&P: AA-
Global Finance ranking score: 22
Source: Global Finance Magazine
15. Rabobank
Country: Netherlands
Assets: $929,719,000
Fitch: AA-
Moody's: Aa2
S&P: AA-
Global Finance ranking score: 22
Source: Global Finance Magazine
14. United Overseas Bank
Country: Singapore
Assets: $224,634,000
Fitch: AA-
Moody's: Aa1
S&P: AA-
Global Finance ranking score: 23
Source: Global Finance Magazine
13. Oversea-Chinese Banking Corp
Country: Singapore
Assets: $267,485,000
Fitch: AA-
Moody's: Aa1
S&P: AA-
Global Finance ranking score: 23
Source: Global Finance Magazine
12. DBS Bank
Country: Singapore
Assets: $317,729,000
Fitch: AA-
Moody's: Aa1
S&P: AA-
Global Finance ranking score: 23
Source: Global Finance Magazine
11. TD Bank Group
Country: Canada
Assets: $824,916,000
Fitch: AA-
Moody's: Aa1
S&P: AA-
Global Finance ranking score: 23
Source: Global Finance Magazine
10. Société de Financement Local (SFIL)
Country: France
Assets: $115,195,000
Fitch: AA
Moody's: Aa2
S&P: AA
Global Finance ranking score: 24
Source: Global Finance Magazine
9. Banque et Caisse d'Epargne de l'Etat
Country: Luxembourg
Assets: $56,102,000
Fitch: N/R
Moody's: Aa1
S&P: AA+
Global Finance ranking score: 26
Source: Global Finance Magazine
8. Caisse des Dépôts et Consignations
Country: France
Assets: $197,337,000
Fitch: AA+
Moody's: Aa1
S&P: AA
Global Finance ranking score: 26
Source: Global Finance Magazine
7. NRW.BANK
Country: Germany
Assets: $197,425,000
Fitch: AAA
Moody's: Aa1
S&P: AA-
Global Finance ranking score: 26
Source: Global Finance Magazine
6. Nederlandse Waterschapsbank
Country: Netherlands
Assets: $100,500,000
Fitch: N/R
Moody's: Aaa
S&P: AA+
Global Finance ranking score: 27.5
Source: Global Finance Magazine
5. Bank Nederlandse Gemeenten
Country: Netherlands
Assets: $180,917,000
Fitch: AAA
Moody's: Aaa
S&P: AA+
Global Finance ranking score: 29
Source: Global Finance Magazine
4. L-Bank
Country: Germany
Assets: $96,733,000
Fitch: AAA
Moody's: Aaa
S&P: AAA
Global Finance ranking score: 30
Source: Global Finance Magazine
3. Landwirtschaftliche Rentenbank
Country: Germany
Assets: $112,995,000
Fitch: AAA
Moody's: Aaa
S&P: AAA
Global Finance ranking score: 30
Source: Global Finance Magazine
2. Zürcher Kantonalbank
Country: Switzerland
Assets: $167,927,000
Fitch: AAA
Moody's: Aaa
S&P: AAA
Global Finance ranking score: 30
Source: Global Finance Magazine
1. KfW
Country: Germany
Assets: $640,953,000
Fitch: AAA
Moody's: Aaa
S&P: AAA
Global Finance ranking score: 30
Source: Global Finance Magazine
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