August 18, 2011

Global Finance Magazine Names the Safest Banks 2011

New York, August 18, 2011 – Bank stability is an ever-more pressing concern for the world’s corporations and investors. It is within this context that Global Finance announces it’s 20th Annual Ranking of the World’s 50 Safest Banks. The sovereign debt crisis is still raging in Europe and renewed fears of contagion from southern European countries is affecting banking and market outlooks throughout Europe. Global political instability is also in the spotlight—from the upheavals in the Middle East and Africa to the US debt downgrade by Standard & Poor’s, companies are watching closely to see how these events are affecting their counterparties. “Counterparty creditworthiness is a critical issue for companies and investors worldwide,” says Global Finance publisher Joseph D. Giarraputo. “More than ever, companies around the world are reevaluating the long-term credit strength of their banks, and partnering with only those banks that have proven strength and stability.”

Global Finance selected The World’s Top 50 Safest Banks in the World and the Safest Banks in 7 Regions:

OVERALL RANKING: WORLD’S TOP 50 SAFEST BANKS 2011
To view the full press release please click here.

REGIONAL RANKINGS:

World’s Safest Banks in Asia 2011
To view the full press release please click here.

World’s Safest Banks in Australasia 2011
To view the full press release please click here.

World’s Safest Banks in Central & Eastern Europe 2011
To view the full press release please click here.

World’s Safest Banks in Latin America 2011
To view the full press release please click here.

World’s Safest Banks in the Middle East 2011
To view the full press release please click here.

World’s Safest Banks in North America 2011
To view the full press release please click here.

World’s Safest Banks in Western Europe 2011
To view the full press release please click here.

For more information visit www.gfmag.com

ENDS

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