Scoop has an Ethical Paywall
Global Finance Names the World's Safest Banks 2012
Global Finance Names the World's Safest Banks
2012
GFmag.com
NEW YORK, August
16, 2012 — Global Finance
magazine (GFmag.com) has named the
Safest Banks in Australasia in an exclusive
survey to be published in the October 2012 issue. Winners
were selected through an evaluation of long-term credit
ratings— from Moody’s, Standard & Poor’s and
Fitch—and total assets of the 500 largest banks
worldwide.
For the first time this year, a bank from New Zealand made it onto Global Finance’s World’s 50 Safest Banks list, and the regional list below, because their assets qualified them as one of the 500 largest banks in the world.
The full report evaluates the safest banks in Western Europe, Central and Eastern Europe, Asia, the Middle East, North America, Latin America and Australasia.
“More than ever, customers around the world are viewing long-term creditworthiness as the key feature of the banks with which they do business,” says Joseph D. Giarraputo, publisher of Global Finance. “These banks have solid capital positions and superior risk management capabilities.” […]
[Full releases attached - click on the links below]
ENDS
WorkSafe NZ: Overhead Power Lines Spark Safety Call
Transpower: Transpower Seeks Feedback On Electricity Investment Short-list For Upper South Island
Commerce Commission: “Cheating The System” – Sentencing In Country’s First Criminal Cartel Case
Kiwi Economics: The Government’s Books Are Hard To Balance. Lower Productivity, Lower Tax, Higher Spend
Watercare: Watercare’s $13.2 Million Solution To Lift Long-term No-swim Warning At Judges Bay
FIRST Union: 'A Long Fight' - Woolworths Supermarket Workers Ratify New Wage Agreement
