World's safest banks


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chcool   
Member since: Sep 10
Posts: 158
Location:

Post ID: #PID Posted on: 09-10-10 08:46:06

Royal bank of canada and TD bank canada are among the world's safest banks.
Although Indian banks were hardly affected by the global recession that saw many a global banking giant fall by the wayside, not a single Indian bank finds a place among the world's safest 20 banks' list put out by Global Finance.

Not a single american bank in the list too.


Report : http://business.rediff.com/slide-show/2010/oct/04/slide-show-1-worlds-20-safest-banks.htm



ritz3645   
Member since: Sep 08
Posts: 220
Location:

Post ID: #PID Posted on: 09-10-10 09:43:00


Report is fishy for eg
14. Banco Santander (Spain)
is spain not on the verge of a collapse?



chcool   
Member since: Sep 10
Posts: 158
Location:

Post ID: #PID Posted on: 09-10-10 10:18:48

No.

Recently in july, the EU conducted Stress test on all EU banks.

Spain, with 27 tested banks, makes up the biggest portion of the exams. The savings banks that failed were CajaSur; a merger group led by Caixa Catalunya; a group led by Caixa Sabadell; Caja Duero-Caja Espana, and Banca Civica.

Spain’s largest bank, Banco Santander SA, maintained its Tier 1 capital ratio at 10 percent under the most stringent scenario.

Report : Bloomberg.
Link : http://www.bloomberg.com/news/2010-07-23/seven-of-91-eu-banks-fail-stress-test-face-4-5-billion-capital-shortfall.html



ashedfc   
Member since: Jun 10
Posts: 2153
Location: GTA

Post ID: #PID Posted on: 09-10-10 14:03:22

Quote:
Originally posted by ritz3645
Report is fishy for eg
14. Banco Santander (Spain)
is spain not on the verge of a collapse?


Banco Santander's major strength is outside of Spain, for example Brazil...

& Indian Banks will be in the top list only if you add the Black/unaccounted money in (kokha & peti terms) held by Indians allover....



elmer fudd   
Member since: Jan 10
Posts: 458
Location:

Post ID: #PID Posted on: 09-10-10 16:02:46

Quote:
Originally posted by chcool


Although Indian banks were hardly affected by the global recession that saw many a global banking giant fall by the wayside, not a single Indian bank finds a place among the world's safest 20 banks' list put out by Global Finance.





Indian economy is still very little understood by the west-centric economists who are addicted to the growth model. Not that India lacks any potential for sustaining current economic growth....;)

http://www.youtube.com/watch?v=V9gjofsi4vI

http://www.youtube.com/watch?v=Z7w8fzm86Gg&feature=related

http://www.youtube.com/watch?v=PqqcHV8K7kk&feature=related

http://www.youtube.com/watch?v=6RbIX_eO7n4&feature=related



elmer fudd   
Member since: Jan 10
Posts: 458
Location:

Post ID: #PID Posted on: 09-10-10 16:08:00

As much as I would hate admitting it, I would not deposit my money in private banks in India, I'd rather park my money with the paan chewing thugs of Indian govt banks. sometimes you have to give the devil bureaucrat his due!!!:D



Loser   
Member since: Sep 04
Posts: 1052
Location: Nice ,USA

Post ID: #PID Posted on: 11-10-10 11:38:50


I totally Agree :cheers:


Quote:
Originally posted by elmer fudd

As much as I would hate admitting it, I would not deposit my money in private banks in India, I'd rather park my money with the paan chewing thugs of Indian govt banks. sometimes you have to give the devil bureaucrat his due!!!:D


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You know you are a desi when ........ You spew forth the virtues of India, but don't want to live there...............You've never had a tanning salon membership


Contributors: chcool(3) dimple2001(2) ashedfc(2) elmer fudd(2) Loser(1) looklook(1) pratickm(1) ritz3645(1) Altius(1)



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