Tuesday, October 14, 2008

Ranking World Banking

As banks around the world rush to guarantee depositor’s funds just how risky are banks? A survey recently conducted by the World Economic Forum shows the following top five ranking countries with regard to safe and sound banking systems:

  1. Canada
  2. Sweden
  3. Luxembourg
  4. Australia
  5. Denmark
New Zealand comes in at number eight while the USA comes in at number 40 (behind Chile and Namibia) and just behind Germany at number 39. Britain once ranked in the top five but now only makes 44.

Source http://www.weforum.org/GCR0809_Browser

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