These Are The 20 Strongest Banks In The World

mountieHe’ll keep your money safe.

Photo: flickr: NinaZed

In these troubled times, who can you trust with your money? There are a lot of ways to answer that question in terms of investing, but what about when you’re talking about who can just hold it?Bloomberg Markets Magazine just answered that question by releasing their top 20 strongest banks in the world. The ranks are judged on tier 1 capital to risk-weighted assets, non performing assets to total assets, loan-loss reserves to nonperforming assets, deposits to funding, and efficiency (costs to revenue).

More from Bloomberg Markets:

…we used Bloomberg Professional service’s Equity Screening (EQS) function to obtain a list of the 78 banks with total assets of $100 billion or more as of mid-March. The banks’ Tier 1 capital ratio, which is the ratio of its core equity capital to its risk-weighted assets, accounted for 40 per cent of each score.

You’ll note that most of these banks are from our neighbour to the north, Canada, so you don’t have far to go to feel secure.

Branch Banking and Trust

Country: United States of America

Overall strength score: 31.7

Source: Bloomberg Markets

Skandinaviska Enskilda Banken

Country: Sweden

Overall strength score: 30.7

Source: Bloomberg Markets

Bank of Nova Scotia

Country: Canada

Overall strength score: 29.9

Source: Bloomberg Markets

PNC Financial Services Group

Country: United States of America

Overall strength score: 29.6

Source: Bloomberg Markets

Credit Suisse Group

Country: Switzerland

Overall strength score: 29.5

Source: Bloomberg Markets

Banco Bradesco

Country: Brazil

Overall strength score: 27.0

Source: Bloomberg Markets

China Construction Bank

Country: China

Overall strength score: 27.0

Source: Bloomberg Markets

JP Morgan Chase

Country: United States of America

Overall strength score: 27.0

Source: Bloomberg Markets

Standard Chartered

Country: United Kingdom

Overall strength score: 26.8

Source: Bloomberg Markets

Banco Santander Brasil

Country: Brazil

Overall strength score: 26.4

Source: Bloomberg Markets

Svenska Handelsbanken

Country: Sweden

Overall strength score: 24.7

Source: Bloomberg Markets

Hang Seng Bank

Country: Hong Kong

Overall strength score: 23.8

Source: Bloomberg Markets

DBS Group Holdings

Country: Singapore

Overall strength score: 23.3

Source: Bloomberg Markets

United Overseas Bank

Country: Singapore

Overall strength score: 21.8

Source: Bloomberg Markets

Royal Bank of Canada

Country: Canada

Overall strength score: 20.8

Source: Bloomberg Markets

National Bank of Canada

Country: Canada

Overall strength score: 19.8

Source: Bloomberg Markets

Toronto-Dominion Bank

Country: Canada

Overall strength score: 18.0

Source: Bloomberg Markets

Canadian Imperial Bank of Commerce

Country: Canada

Overall strength score: 16.4

Source: Bloomberg Markets

Bank of China Hong Kong Holdings

Country: Hong Kong

Overall strength score: 14.9

Source: Bloomberg Markets

Oversea-Chinese Banking

Country: Singapore

Overall strength score: 14.2

Source: Bloomberg Markets

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