atans1

DBS safer than OCBC and UOB

In Banks on 13/09/2010 at 5:53 am

According to Global Finance, DBS is the world’s 23rd safest bank. In Asia, HSBC is the safest bank (19th). But in Asia Pacific region,  Oz banks are even safer with National Australia Bank, Westpac,  and Commonwealth Bank (at 11, 12, and 13 respectively)

French, Dutch and German banks occupy most of the top positions in the Global Finance survey, which uses  long-term credit ratings from agencies Moody’s, Standard & Poor’s and Fitch, and analysis of total assets owned by the 500 largest banks in the world to do the survey.

The safest bank is Germany’s KfW , followed by Frances’s CDC and Bank Nederlandse Gemeenten (BNG) of the Netherlands.

US banks are dogs (and taz insulting dogs), with BNY Mellon at position 30,  JP Morgan Chase (40), Wells Fargo (42) and US Bancorp (47).

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: