10 most reliable banks in the world according to Bloomberg

10 most reliable banks in the world according to Bloomberg

At the 1st place for the second year in a row is Singapore bank OCBC (Oversea-Chinese Banking Corp). According to Bloomberg, is the most robust and stable bank.

"Singapore's economy has shown consistent results, and we observed high business activity and, hence, the Singapore banks is that the fund", - said the director of the bank Oversea-Chinese Banking Corporation.

The second line has won the Hong Kong BOC Hong Kong Holdings Ltd.

Just four Canadian bank hit the top ten Bloomberg
However, many analysts were surprised it did not. None of the other countries did not show such a positive outcome, such as Canada. CIBC Bank took third line, Toronto Dominion - 4th, National Bank of Canada - 5th, and Royal Bank of Canada - 6th. The reasons for these positive ratings of Canadian financial institutions were the high capital adequacy, conservative culture of borrowing and strict regulation of the financial sector. Last year, Canadians spent on the purchase of only $ 14.4 billion, taking advantage of falling asset prices.

Canadian regulators require banks to keep the level of bank capital is even higher than required by the rules of the Basel Committee on Banking Supervision. For example, they are instructed to keep a 75% equity in their own assets.

Major banks around the world follow the rules of the Basel Committee on Banking Supervision. This is the body of the Bank for International Settlements, located in Switzerland in Basel. The Committee shall establish reserve requirements, credit and other levers of regulation. The first decree was published in 1988 In 2010, regulators have established new rules, known as "Basel III». Banks will be obliged to hold in 2015 6% of its equity in key assets (capital of the first level), and by 2019 - 7%.

"I do not think that if such measures were popular - said Julia Dixon, head of the Committee on Financial Institutions of Canada. - Then there was the mandate of the special inspection, which allowed to make unpopular but necessary decisions."



U.S. banks have passed the examination. Almost all.
Criteria for the rankings were as follows: the sum of Tier I capital (Tier 1 capital ratio), the ratio of loans to deposits ratio and neinvestirovannyh assets to total assets of credit institutions, which compares the value of the bank with its profits. Bloomberg takes into account only those banks authorized capital exceeds $ 100 billion is also not taken into account banks that have shown a loss last year and did not pass the government stress tests.

No large U.S. bank in the top 10 did not hit. JP Morgan Chase is located on the 13th place, while PNC Financial Services Group - by 18-m. Do not fall into the top ten and not a single European bank. Only four managed to get into the top 20. These were two banks in Sweden and one each from Britain and Switzerland.