News

World’s Safest Banks Presented Award in Washington, DC

16.10.2017

RCB Bank is among the safest banks in the world, which were presented awards this weekend at a special ceremony held during the Annual Meetings of the IMF and World Bank at The National Press Club in Washington DC.

RCB Bank Ltd has held onto its status as The Safest Bank in Cyprus for 2017 and was named as such by “Global Finance Magazine” for a second year, following exceptional performance, reaffirmed by internationally renowned rating agencies.

Dr. Kirill Zimarin, CEO of RCB Bank commenting on this honour by “Global Finance” Magazine, which he described as a proof of banking excellence, said: “This achievement is the outcome of RCB Bank’s strength, solid financial state and assets, which have placed the Bank to a leading position in the country’s banking sector. We are pleased to see that our successful banking model, trusted by our clients was widely acknowledged and rewarded once again”.

The international magazine has named the Safest Banks in 106 countries around the world as part of an exclusive survey. The top performer ranking was based on the long-term credit ratings of the three rating agencies, Moody’s, Fitch and Standard & Poor’s and the total assets of the 1,000 largest banks in the world.

Together with RCB Bank other respected financial institutions were among the winners i.e. HSBC in the UK, Santander in Spain, OTP Bank in Hungary and China Development Bank in China.

In addition to the Safest Banks by Country, the full report also includes World’s 50 Safest Banks, World’s 50 Safest Commercial Banks and other regional and category rankings. The full exclusive survey will be published in the November 2017 issue as part of the publication’s 26th annual ranking of the World’s Safest Banks.

The Safest Banks By Country 2017:
WESTERN EUROPE
Andorra Credit Andorra
Austria BAWAG
Belgium BNP Paribas Fortis
Cyprus RCB Bank
Denmark Danske Bank
Finland OP Corporate Bank
France Caisse des Depots de Consignations
Germany KfW
Greece Piraeus Bank
Iceland Islandsbanki
Ireland Bank of Ireland
Italy Credit Agricole Cariparma
Liechtenstein Liechtensteinische Landesbank
Luxembourg Banque et Caisse d’Epargne de l’Etat
Malta Bank of Valletta
Netherlands Bank Nederlandse Gemeenten
Norway DNB ASA
Portugal Banco Santander Totta
Spain Santander
Sweden Handelsbanken
Switzerland Züercher Kantonalbank
United Kingdom HSBC
CENTRAL AND EASTERN EUROPE
Armenia Ardshinbank
Azerbijan Kapital Bank
Belarus Development Bank of the Republic of Belarus
Bulgaria Societe Generale Expressbank
Croatia Zagrebačka banka
Czech Republic Česká Spořitelna
Georgia Bank of Georgia
Hungary OTP Bank
Kazakhstan Development Bank of Kazakhstan
Kosovo ProCredit Bank Kosovo
Latvia Citadele Banka
Lithuania Šiaulių bankas
Poland ING Bank Slaski
Romania BRD-Groupe Societe Generale
Russia Vnesheconombank
Slovak Republic VUB
Slovenia Banka Intesa Sanpaolo
Turkey Turkiye Garanti Bankasi
Ukraine PJSC Alfa-Bank
Uzbekistan Asaka Bank
NORTH AMERICA
Canada Toronto-Dominion Bank
United States AgriBank
LATIN AMERICA & THE CARIBBEAN
Argentina Banco de la Provincia de Buenos Aires
Bermuda Butterfield Bank
Bolivia Banco Mercantil Santa Cruz
Brazil Itau Unibanco
Chile Banco del Estado de Chile
Colombia BBVA Colombia
Costa Rica Banco Nacional de Costa Rica
Dominican Republic Banco de Reservas de la Republica Dominicana
Ecuador Banco Pichincha
El Salvador Banco Agricola
Guatamala Banco Agromercantil de Guatemala
Honduras Inversiones Atlantida
Jamaica National Commercial Bank Jamaica
Mexico Banobras
Panama Banco Latinoamericano de Comercio Exterior (Bladex)
Paraguay Banco Continental
Peru Scotiabank Peru
Trinidad and Tobago First Citizens Bank
Uruguay Banco de la Republica Oriental del Uruguay
Venezuela Banesco Banco Universal
ASIA
Bangladesh City Bank
Brunei Bank Islam Brunei Darussalam
Cambodia ACLEDA Bank
China China Development Bank
Hong Kong Hang Seng Bank
India State Bank of India
Indonesia Maybank Indonesia
Japan Bank of Tokyo-Mitsubishi
Malaysia Maybank
Mauritius Mauritius Commercial Bank
Mongolia Trade and Development Bank of Mongolia
Pakistan Habib Bank
Papua and New Guinea Bank of South Pacific
Philippines BDO Unibank
Singapore DBS
South Korea Korea Development Bank
Sri Lanka National Savings Bank
Taiwan Bank of Taiwan
Thailand Bank of Ayudhya
Vietnam VietinBank
MIDDLE EAST/NORTH AFRICA
Bahrain Gulf International Bank
Egypt National Bank of Egypt
Israel Bank Hapoalim
Jordan Arab Bank
Kuwait National Bank of Kuwait
Lebanon Bank Audi
Morocco Attijariwafa Bank
Oman HSBC Oman
Qatar Qatar National Bank
Saudi Arabia National Commercial Bank
Tunisia Arab Tunisian Bank
UAE First Abu Dhabi Bank
SUB-SAHARAN AFRICA
Angola Banco Angolano de Investimentos
DCR Rawbank
Ghana GCB Bank
Kenya Stanbic Bank Kenya
Nigeria Zenith Bank
South Africa Standard Bank
Tanzania CRDB Bank
Togo Ecobank Togo
AUSTRALASIA
Australia ANZ
New Zealand Kiwibank