Top 10 Safest Banks in the World

KfW (Germany) is ranked No. 1 among the World's 50 Safest Banks 2011 by Global Finance magazine, followed by Caisse des Dépôts et Consignations (CDC) (France) in 2nd place and Bank Nederlandse Gemeenten (BNG) (Netherlands) in 3rd place. A total of 4 German banks ranked in the world's top ten list.

Zürcher Kantonalbank (Switzerland) (ZKB) is rated as the fourth-safest bank globally. It is the largest cantonal bank in Switzerland, and the country's third-largest bank. The bank has been awarded a triple-A rating by Standard & Poor's, Moody's and Fitch. ZKB production has been certified in accordance with ISO 9001 and ISO 9004, and the bank as a whole has been awarded ISO 14001 certification for its environmental management.

Rabobank has been ranked as one of the top 10 safest banks in the world by Global Finance magazine for more than 10 years (ranked 6th in 2011). As one of the safest banks in the world, Rabobank has a top rating for creditworthiness from international rating agencies Standard & Poor's, Moody's and Dominion Bond Rating Service.

Banco Santander (Spain) has climbed four places compared to 2010 and rated No. 10 on the list. Banco Santander is the leading commercial and private bank in Spain and the third largest private sector commercial bank in Portugal on the basis of profits.

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn