Global Finance names the Safest Banks In Australasia
Global Finance names the Safest Banks In Australasia: April 2013
NEW YORK, February 26, 2013 — Global Finance magazine (GFmag.com) has named the Safest Banks In Australasia: April 2013 in an exclusive survey to be published in the April 2013 issue. The banks were selected through a comparison of the long-term credit ratings and total assets of the largest banks. Ratings from Moody’s, Standard & Poor’s and Fitch were used.
The full report covers the safest banks in Western Europe, Central and Eastern Europe, Asia, the Middle East/Africa, North America, Latin America and Australasia. “In the current climate, corporate CFOs and treasurers are continuously evaluating their counterparties to ensure that the financial institutions with which they work in diverse regions of the world are the safest and soundest,“ says Global Finance publisher Joseph D. Giarraputo. “Global Finance’s Safest Banks ranking provides an independent analysis of each region’s banks that companies can use as a tool to benchmark their counterparties.”
1. National Australia
2. Commonwealth Bank of Australia
Full Global Survey (PDF