Vnesheconombank named one of the safest banks in Central and Eastern Europe
Vnesheconombanktook ninth place in the rating of the World’s Safest Banks in Central and Eastern Europe published by Global Finance Magazine. The safest banks were selected through an evaluation of long-term credit ratings – from Moody’s, Standard & Poor’s and Fitch and total assets.Places in the rating were also assigned to Russian Sberbank and VTB, they took8th and 9th places in the rating respectively.
Winners were selected through an evaluation of the 500 largest banks of the region.The rating is published by the magazine annually.
Global Finance is a monthly magazine founded in 1987 with its headquarters in New York (the US) publishing articles on finance and investments.
| Rank | Bank | Fitch | Moody’s | S&P | Total Score | Assets $mn | Statement Date | Country |
|---|---|---|---|---|---|---|---|---|
| 1 | Česká spořitelna | A | A2 | A- | 14 | 48,694 | 12/31/13 | Czech Republic |
| 2 | Komerční banka | A- | A2 | A | 14 | 43,429 | 12/31/13 | Czech Republic |
| 3 | PKO Bank Polski | N/R | A2 | A- | 12.5 | 66,026 | 12/31/13 | Poland |
| 4 | Bank Pekao | A- | A2 | BBB+ | 12 | 52,630 | 12/31/13 | Poland |
| 5 | ING Bank Śląski | A | Baa1 | N/R | 11 | 28,802 | 12/31/13 | Poland |
| 6 | mBank | A | Baa3 | BBB+ | 9 | 34,622 | 12/31/13 | Poland |
| 7 | Bank Zachodni WBK | BBB+ | Baa1 | N/R | 8 | 35,222 | 12/31/13 | Poland |
| 8 | Sberbank | BBB | Baa1 | N/R | 6.5 | 556,393 | 12/31/13 | Russia |
| 9 | Vnesheconombank | BBB | Baa1 | BBB- | 6 | 101,254 | 12/31/13 | Russia |
| 10 | VTB Bank | N/R | Baa2 | BBB- | 3.5 | 266,844 | 12/31/13 | Russia |
Origin: Global Finance
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