Safest Banks in Asia

According to the Global Finance ranking of the top 10 Safest Banks in Asia (published in the October 2011 issue), DBS Bank (Singapore) is ranked as the No. 1 safest bank in Asia, followed by Oversea-Chinese Banking Corporation (Singapore) in 2nd place and United Overseas Bank (Singapore) in 3rd place. A total of 4 Japanese banks ranked in the top 10 safest banks in Asia: Shizuoka Bank (6th), Bank of Tokyo-Mitsubishi UFJ (7th), Sumitomo Mitsui Banking Corporation (8th), and Shinkin Central Bank (9th).

DBS is also rated the Best Consumer Internet Bank in 2007 and 2008 and the Safest Bank in Asia in 2009 and 2010 by Global Finance. The Bank has received "AA-" and "Aa1" credit ratings that are among the highest in the Asia-Pacific region.

The Oversea-Chinese Banking Corporation (OCBC Bank) is rated 25th Safest Bank globally (Global Finance 2011) and Strongest Bank in Southeast Asia and the 3rd Strongest overall in Asia Pacific (The Asian Banker 500). It has also been voted No. 1 in financial reputation among Singapore companies in the Wall Street Journal Asia 200 Survey.

United Overseas Bank (UOB) offers a broad range of financial services through its global network of branches, offices and subsidiaries: commercial and corporate banking, personal financial services, private banking, trust services, treasury services, asset management, corporate finance, and more. The Bank has been ranked No. 62 out of 300 global banks in the Global Finance annual selection of the “World's 300 Safest Banks 2000”, as well as named the “Safest Bank In Singapore”.

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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