Global Finance has named the safest banks in 110 countries world wide in an exclusive survey to be published within the November 2019 issue.
In addition to the safest banks by country, the total report also includes the next: 50 Safest Banks within the World, 50 Safest Commercial Banks within the World, 50 Safest Banks in Emerging Markets, Safest Islamic Financial Institutions within the GCC, and Safest Banks by Region (Africa, Asia, Australasia, Central Europe -Eastern, Latin America, Middle East, North America and Western Europe).
The banks were chosen based on the assessment of long-term rankings in foreign exchange – Moody’s, Standard & Poor’s and Fitch – and the full assets of the 1,000 largest banks on the earth. “Business is more globally connected than ever before, driving corporations each large and small to enter recent markets.
The list of safest banks by country provides insight into financial institutions that rarely make global headlines but can offer deep local knowledge and networks. Global Finance is providing this list to assist corporate CFOs find the very best partners to navigate the financial regimes in each of the countries during which they operate, said Global Finance publisher and editorial director Joseph D. Giarraputo.
In Southeast Asia, DBS Bank has been named “Asia’s Safest Bank” for the tenth consecutive yr. DBS can also be the fourth safest amongst industrial banks on the earth and 14th when it comes to securityvolon the list of the 50 safest banks on the earth prepared by Global Finance.
Joseph D. Giarraputo added: “Asia, although one of the strongest regions in the world, is currently strongly influenced by changes in trade policy. The Safest Banks were selected because they provided security and stability to companies and investors despite ongoing uncertainty. These institutions are well-prepared to navigate the potentially choppy waters that lie ahead.”
“Once again, DBS shines as a leading light in banking. DBS is ranked number one among the safest banks in Asia, and thanks to its global strength, it has also achieved the highest score among commercial banks and a place among the 15 safest banks in the world. These results underline the credibility of DBS in the eyes of investors, corporate clients and retail depositors alike. Although the list changes from year to year, DBS always ranks at the top,” added Global Finance.
Here are the safest banks in every Southeast Asian country.
