The World’s 50 Safest Banks 2010 by Region: Some Observations

by: David Hunkar

In an earlier post we looked at the The World’s 50 Safest Banks based on rankings by the Global Finance magazine. In this post let's take a quick look at the safest banks for 2010 by region.

a) The World’s Safest Banks in Asia 2010

S.No. Bank Country
1 DBS Bank Singapore
2 Oversea-Chinese Banking Corporation 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
Click to enlarge

b) The World’s Safest Banks in Australasia 2010

S.No. Bank Country
1 National Australia Bank Australia
2 Westpac Banking Corporation Australia
3 Commonwealth Bank of Australia Australia
4 Australia and New Zealand Banking Group Australia
5 ASB Bank New Zealand
6 Suncorp-Metway Ltd. Australia
7 Macquarie Group Australia
8 AMP Bank Australia
9 Bendigo and Adelaide Bank Australia
10 Bank of Queensland Australia
Click to enlarge

c) The World’s Safest Banks in Middle East 2010

S.No. Bank Country
1 National Bank of Kuwait Kuwait
2 National Bank of Abu Dhabi UAE
3 Samba Financial Group Saudi Arabia
4 Qatar National Bank Qatar
5 National Commercial Bank Saudi Arabia
6 Riyad Bank Saudi Arabia
7 Al Rajhi Bank Saudi Arabia
8 Kuwait Finance House Kuwait
9 Saudi British Bank Saudi Arabia
10 Banque Saudi Fransi Saudi Arabia
Click to enlarge

d) The World’s Safest Banks in Latin America 2010

S.No. Bank Country
1 Banco del Estado de Chile Chile
2 Banco de Chile Chile
3 Nacional Financiera Mexico
4 Corpbanca Chile
5 First Citizens Bank Trinidad & Tobago
Click to enlarge

e) The World’s Safest Banks in North America 2010

S.No. Bank Country
1 Royal Bank of Canada Canada
2 Toronto-Dominion Bank Canada
3 Scotiabank Canada
4 Caisse centrale Desjardins Canada
5 BNY Mellon United States
6 BMO Financial Group Canada
7 CIBC Canada
8 JPMorgan Chase United States
9 Wells Fargo United States
10 U.S. Bancorp United States
Click to enlarge

f) The World’s Safest Banks in Central & Eastern Europe 2010

S.No. Bank Country
1 Ceska Sporitelna Czech Republic
2 Komercni Banka Czech Republic
3 Nova Ljubljanska Banka Slovenia
4 Bank Polska Kasa Opieki Poland
5 Ceskoslovenska Obchodni Banka [CSOB] Slovak Republic
Click to enlarge

g) The World’s Safest Banks in Western Europe 2010

S.No. Bank Country
1 KfW Germany
2 Caisse des Depots et Consignations [CDC] France
3 Bank Nederlandse Gemeenten Netherlands
4 Zuercher Kantonalbank Switzerland
5 Landwirtschaftliche Rentenbank Germany
6 Rabobank Group Netherlands
7 Landeskreditbank Baden - Wuerttemberg- Foerderbank Germany
8 Nederlandse Waterschapsbank Netherlands
9 NRW.Bank Germany
10 Banco Santander Spain
Click to enlarge

Some interesting points from the above lists:

  • JPMorgan Chase (NYSE:JPM), Wells Fargo (NYSE:WFC) and U.S. Bancorp (NYSE:USB) have dividend yields of less than 1%.
  • CorpBanca SA (BCA) and Banco De Chile (NYSE:BCH) have high yields of 5.91% and 4.85% at current prices.
  • Based on Friday’s close, National Australia Bank (OTCPK:NABZY) and Westpac Banking Corporation (NYSE:WBK) have dividend yields of over 5%, while Commonwealth Bank of Australia (OTCPK:CMWAY) pays a 6.53% dividend.

Disclosure: No positions