PPP KINGDOM

PPP KINGDOM

WORLD’S 50 SAFEST BANKS IN 2011

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Bank stability is an ever-more pressing concern for the world’s corporations and investors. It is within this context that Global Finance announces it’s 20th Annual Ranking of the World’s 50 Safest Banks.

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The sovereign debt crisis is still raging in Europe and renewed fears of contagion from southern European countries is affecting banking and market outlooks throughout Europe.Global political instability is also in the spotlight—from the upheavals in the Middle East and Africa to the US debt downgrade by Standard & Poor’s, companies are watching closely to see how these events are affecting their counter-parties.

With more than 40 of the top 50 banks from last year once again making the list, the Global Finance ranking shows that most of the top echelon of banks are truly worthy of the moniker World’s Safest Bank. 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.

http://www.gfmag.com/tools/best-banks/11341-worlds-50-safest-banks-2011.html#axzz1VmXmmAVa

Best Regards,

FINANCIAL WARRIOR

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