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Ceturtdiena 22.03.2018 | Name days: Tamāra, Dziedra

Russian banks - not among world top reliable ones

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The banks of Russia have not been included in the top 50 of the most reliable banks in the world, which was published for the 19th time by Global Finance.

Criteria such as long-term credit ratings and the agencies Moody’s, Standard & Poor’s and Fitch ratings were taken into consideration when making the list.

When comparing with the last year’s list of the most reliable banks, there are no significant changes – 45 banks out of 50 have kept their positions. The first 10 places practically have not changed as well. The first place, exactly like a year ago, goes to German bank KfW, which is followed by a French one Caisse des Depots et Consignations and Dutch Bank Nederlandse Gemeenten.

German Landwirtschaftliche Rentenbank and Swiss Zuercher Kantonalbank take up the fourth and fifth place, they have switched the corresponding places, as compared with the last year.

Dutch Rabobank Group and German Landeskreditbank Baden-Wuerttemberg – Foerderbank, as well as, Royal Bank of Canada have kept their positions, while the eighth place goes to Nederlandse Waterschapsbank, which was not even on the last year’s list. Whereas BNP Paribas fell from the ninth position to 18th.

Overall six German, French and Canadian banks have been included in the list. Although there are only three Dutch banks, they are all in top ten. There are four American banks, and the most reliable of them BNY Mellon takes up the 30th position.

A list according to regions has also been made up. In Central and East Europe the most reliable banks are Chech Ceska Sporitelna and Komercni Banka, Slovenian Nova Ljubljanska Banka, Polish Bank Polska Kasa Opieki and Slovakian Ceskoslovenska Obchodni Banka. Russian banks have not been included even in the list of the most reliable banks of the region.

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