These 7 banks operating in the Philippines are affiliated with some of the world’s 50 safest banks in 2014, as ranked by Global Finance. Banks were ranked based on long-term credit ratings from Moody’s, Standard & Poor’s and Fitch and on total assets.
1. United Overseas Bank Philippines
UOB is a thrift bank incorporated in the Philippines and is a member of United Overseas Bank Group, of which the world’s 14th Safest Bank, United Overseas Bank Singapore, is also a member.
2. Hongkong & Shanghai Banking Corp. (HSBC)
HSBC is a universal bank and is a foreign branch of global company HSBC Group, to which the the world’s 27th safest bank, HSBC UK, and the world’s 34th safest bank, HSBC France, also belong.
3. HSBC Savings Bank (Philippines), Inc.
This is a thrift bank incorporated in the Philippines by HSBC Group, same group to which HSBC UK, the world’s 27th safest bank, and HSBC France, the world’s 34th safest bank, belong.
4. ANZ Banking Group Ltd.
ANZ is a universal bank, the Philippine branch of ANZ Goup Australia, the world’s 19th safest bank.
5. DBS Bank Ltd. Representative Office in the Philippines
This is the representative office of DBS Bank Singapore, the world’s 12th safest bank.
6. The Export-Import Bank of Korea (Korea Eximbank) Representative Office in the Philippines
This representative office represents Export-Import Bank of Korea (KEXIM), the world’s 42nd safest bank.
7. The Bank of New York Mellon Representative Office in the Philippines
This representative office represents BNY Mellon, the world’s 47th safest bank.
List of the World’s 50 Safest Banks, as Ranked by Global Finance
Rank Bank (Country)
1 KfW (Germany)
2 Zürcher Kantonalbank (Switzerland)
3 Landwirtschaftliche Rentenbank (Germany)
4 L-Bank (Germany)
5 Bank Nederlandse Gemeenten (Netherlands)
6 Nederlandse Waterschapsbank (Netherlands)
7 NRW.Bank (Germany)
8 Caisse des Dépôts et Consignations (France)
9 Banque et Caisse d’Epargne de l’Etat (Luxembourg)
10 Société de Financement Local (SFIL) (France)
11 TD Bank Group (Canada)
12 DBS Bank (Singapore)
13 Oversea-Chinese Banking Corp. ( Singapore)
14 United Overseas Bank (Singapore)
15 Rabobank (Netherlands)
16 Royal Bank of Canada (Canada)
17 National Australia Bank (Australia)
18 Commonwealth Bank of Australia (Australia)
19 ANZ Group (Australia)
20 Westpac (Australia)
21 Nordea (Sweden)
22 Bank of Nova Scotia (Canada)
23 Svenska Handelsbanken (Sweden)
24 Hang Seng Bank (Hong Kong)
25 National Bank Of Abu Dhabi (UAE)
26 Caisse centrale Desjardins (Canada)
27 HSBC (United Kingdom)
28 Sparkassen-Finanzgruppe (Sparkasse) (Germany)
29 China Development Bank (China)
30 Bank of Montreal (Canada)
31 CIBC (Canada)
32 Agricultural Development Bank of China (China)
33 Export-Import Bank of China (China)
34 HSBC France (France)
35 Korea Finance Corporation (South Korea)
36 Industrial Bank of Korea (South Korea)
37 Korea Development Bank (South Korea)
38 Pohjola (Finland)
39 CoBank (United States)
40 AgriBank (United States)
41 National Bank of Kuwait (Kuwait)
42 Export-Import Bank of Korea (KEXIM) (South Korea)
43 BancoEstado (Chile)
44 Banque Cantonale Vaudoise (Switzerland)
45 Agfirst (United States)
46 DZ Bank (Germany)
47 BNY Mellon (United States)
48 U.S. Bancorp (United States)
49 Qatar National Bank (Qatar)
50 Samba Financial Group (Saudi Arabia)