Global Finances Safest Banks 2020

Published on October 30, 2020
Current Context: The Global Finances has released its 29th annual ranking of World’s Safest Banks.
Global Finances Safest Banks 2020
  • As per the ranking, DBS Bank, Singapore is recognized as the Safest Bank in Asia for 12th consecutive year.
  • Also, DBS Bank is ranked at 4th position as the safest commercial bank in the world.
  • And, DBS bank is ranked at 14th position as safest bank globally from 2019 and 2018.
  • World’s Safest Banks 2020: KfW, Germany (Rank1), Zuercher Kantonalbank, Switzerland (Rank2) and BNG Bank, Netherland (Rank3).
  • Asia’s Safest Banks 2020: DBS Group, Singapore (Rank1), Oversea-Chinese Banking Corporation, Singapore (Rank2) and United Overseas Bank, Singapore (Rank3).
  • State Bank of India is the safest bank in India as per Global Finances.
  • Static Part: 
    • HQ of Global Finances: New York, USA

Question: 

Q.1 Which bank topped in Asia’s Safest Banks 2020 category as per a report by Global Finances?
a. BNG Bank, Netherland
b. KfW, Germany
c. DBS Group
d. United Overseas Bank, Singapore

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