These 29 countries have the safest banks in the world

Most of us in developed countries take for granted that our money is safe. Put it in a bank, and in theory at least, it doesn’t going anywhere. But that’s not necessarily true everywhere.

So Business Insider took a look into the countries with the safest banks, using the World Economic Forum’s recently-released Global Competitiveness Survey, which offers a bundle of indicators to show the health of a country’s institutions.

One of those is the perceived safeness of banks.

WEF used its executive opinion survey to ask: “In general, how do you perceive the soundness of banks?”

So the measure isn’t based on any objective economic or accounting measure, but rather by the perceptions of the population. The countries are ranked from 1 (banks need more money) to 7 (banks are generally sound).

Check out the countries with the safest banks below.

T22. Jamaica — 5.7


T22. Saudi Arabia — 5.7

T22. France —5.7

T22. Sweden — 5.7

Michael Campanella/Getty Images

T22. Thailand — 5.7

Flickr Creative Commons/Marco Verch

T22. Trinidad and Tobago — 5.7


T22. Morocco — 5.7


T22. Brazil — 5.7

T15. Panama — 5.8

T15. Japan — 5.8

Stanley Chou / Stringer / Getty Images

T15. Taiwan — 5.8

Flickr Creative Commons/LBY

T15. United States — 5.8

Phil Cole/Getty Images

T15. Honduras — 5.8

T15. Philippines — 5.8

T15. Denmark — 5.8

Christof Koepsel/Getty Images

T13. Czech Republic — 6.0

T13. Guatemala — 6.0

T9. Israel — 6.1

Gary M. Prior/Getty Images

T9. Norway — 6.1

T9. Slovakia — 6.1

T9. New Zealand — 6.1

8. Switzerland — 6.2

Harold Cunningham/Getty Images

T5. Luxembourg — 6.3

Will Martin/Business Insider

T5. Hong Kong — 6.3

T5. Chile — 6.3

Jim Rogas/Getty Images

T3. Australia — 6.4

Photo by Chris Jackson/Getty Images

T3. Singapore —6.4


2. Canada — 6.5

Jeff Vinnick/Getty Images

1. Finland — 6.7

Bruce Bennett/Getty Images

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