News

RCB Bank is among the safest banks in the world, which were presented awards this weekend at a special ceremony held during the Annual Meetings of the IMF and World Bank at The National Press Club in Washington DC.

RCB Bank Ltd has held onto its status as The Safest Bank in Cyprus for 2017 and was named as such by “Global Finance Magazine” for a second year, following exceptional performance, reaffirmed by internationally renowned rating agencies.

Dr. Kirill Zimarin, CEO of RCB Bank commenting on this honour by “Global Finance” Magazine, which he described as a proof of banking excellence, said: “This achievement is the outcome of RCB Bank’s strength, solid financial state and assets, which have placed the Bank to a leading position in the country’s banking sector. We are pleased to see that our successful banking model, trusted by our clients was widely acknowledged and rewarded once again”.

The international magazine has named the Safest Banks in 106 countries around the world as part of an exclusive survey. The top performer ranking was based on the long-term credit ratings of the three rating agencies, Moody’s, Fitch and Standard & Poor’s and the total assets of the 1,000 largest banks in the world.

Together with RCB Bank other respected financial institutions were among the winners i.e. HSBC in the UK, Santander in Spain, OTP Bank in Hungary and China Development Bank in China.

In addition to the Safest Banks by Country, the full report also includes World’s 50 Safest Banks, World’s 50 Safest Commercial Banks and other regional and category rankings. The full exclusive survey will be published in the November 2017 issue as part of the publication’s 26th annual ranking of the World’s Safest Banks.

The Safest Banks By Country 2017:

WESTERN EUROPE
Andorra	Credit Andorra
Austria	BAWAG
Belgium	BNP Paribas Fortis
Cyprus	RCB Bank
Denmark	Danske Bank
Finland	OP Corporate Bank
France	Caisse des Depots de Consignations
Germany	KfW
Greece	Piraeus Bank
Iceland	Islandsbanki
Ireland	Bank of Ireland
Italy	Credit Agricole Cariparma
Liechtenstein	Liechtensteinische Landesbank
Luxembourg	Banque et Caisse d’Epargne de l’Etat
Malta	Bank of Valletta
Netherlands	Bank Nederlandse Gemeenten
Norway	DNB ASA
Portugal	Banco Santander Totta
Spain	Santander
Sweden	Handelsbanken
Switzerland	Züercher Kantonalbank
United Kingdom	HSBC
CENTRAL AND EASTERN EUROPE
Armenia	Ardshinbank
Azerbijan	Kapital Bank
Belarus	Development Bank of the Republic of Belarus
Bulgaria	Societe Generale Expressbank
Croatia	Zagrebačka banka
Czech Republic	Česká Spořitelna
Georgia	Bank of Georgia
Hungary	OTP Bank
Kazakhstan	Development Bank of Kazakhstan
Kosovo	ProCredit Bank Kosovo
Latvia	Citadele Banka
Lithuania	Šiaulių bankas
Poland	ING Bank Slaski
Romania	BRD-Groupe Societe Generale
Russia	Vnesheconombank
Slovak Republic	VUB
Slovenia	Banka Intesa Sanpaolo
Turkey	Turkiye Garanti Bankasi
Ukraine	PJSC Alfa-Bank
Uzbekistan	Asaka Bank
NORTH AMERICA
Canada	Toronto-Dominion Bank
United States	AgriBank
LATIN AMERICA & THE CARIBBEAN
Argentina	Banco de la Provincia de Buenos Aires
Bermuda	Butterfield Bank
Bolivia	Banco Mercantil Santa Cruz
Brazil	Itau Unibanco
Chile	Banco del Estado de Chile
Colombia	BBVA Colombia
Costa Rica	Banco Nacional de Costa Rica
Dominican Republic	Banco de Reservas de la Republica Dominicana
Ecuador	Banco Pichincha
El Salvador	Banco Agricola
Guatamala	Banco Agromercantil de Guatemala
Honduras	Inversiones Atlantida
Jamaica	National Commercial Bank Jamaica
Mexico	Banobras
Panama	Banco Latinoamericano de Comercio Exterior (Bladex)
Paraguay	Banco Continental
Peru	Scotiabank Peru
Trinidad and Tobago	First Citizens Bank
Uruguay	Banco de la Republica Oriental del Uruguay
Venezuela	Banesco Banco Universal
ASIA
Bangladesh	City Bank
Brunei	Bank Islam Brunei Darussalam
Cambodia	ACLEDA Bank
China	China Development Bank
Hong Kong	Hang Seng Bank
India	State Bank of India
Indonesia	Maybank Indonesia
Japan	Bank of Tokyo-Mitsubishi
Malaysia	Maybank
Mauritius	Mauritius Commercial Bank
Mongolia	Trade and Development Bank of Mongolia
Pakistan	Habib Bank
Papua and New Guinea	Bank of South Pacific
Philippines	BDO Unibank
Singapore	DBS
South Korea	Korea Development Bank
Sri Lanka	National Savings Bank
Taiwan	Bank of Taiwan
Thailand	Bank of Ayudhya
Vietnam	VietinBank
MIDDLE EAST/NORTH AFRICA
Bahrain	Gulf International Bank
Egypt	National Bank of Egypt
Israel	Bank Hapoalim
Jordan	Arab Bank
Kuwait	National Bank of Kuwait
Lebanon	Bank Audi
Morocco	Attijariwafa Bank
Oman	HSBC Oman
Qatar	Qatar National Bank
Saudi Arabia	National Commercial Bank
Tunisia	Arab Tunisian Bank
UAE	First Abu Dhabi Bank
SUB-SAHARAN AFRICA
Angola	Banco Angolano de Investimentos
DCR	Rawbank
Ghana	GCB Bank
Kenya	Stanbic Bank Kenya
Nigeria	Zenith Bank
South Africa	Standard Bank
Tanzania	CRDB Bank
Togo	Ecobank Togo
AUSTRALASIA
Australia	ANZ
New Zealand	Kiwibank