Monday, October 04, 2010

Global Finance: Asia's safest banks

According to Global Finance magazine (based on long-term credit ratings and total assets), Asia's safest banks are:

1. DBS Bank (Singapore)
2. Oversea-Chinese Banking Corp. (Singapore)
3. United Overseas Bank (Singapore)
4. Shizuoka Bank (Japan)
5. Bank of Tokyo-Mitsubishi UFJ (Japan)
6. Norinchukin Bank (Japan)
7. Sumitomo Mitsui Financial Group (Japan)
8. Agricultural Development Bank of China (China)
9. National Agricultural Cooperative Federation (South Korea)
10. Industrial Bank of Korea (South Korea)

It is amazing how the 'Little Red Dot' could outdo the giants in Asia.
Link

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