According to the Business Insider’s rating, countries with the best banks are Finland and Canada, reports “Investor”.Business Insider offers a list of countries with the safest banks. According to the rating, each country is assigned a coefficient from 1 to 7, where 1 indicates that the bank needs capital, while 7 indicates its stability.
Thus, Malta, Taiwan, Panama and Slovakia ranked lowest in the ranking, with a coefficient of 5.9. Next go Switzerland, Guatemala, Czech Republic, Israel with 6.0. Only slightly ahead of these countries is Luxembourg with a coefficient of 6.1. Here’s located the safest bank on the planet – Banque et Caisse d’Épargne de’État. Norway and Hong Kong are the closest to the leaders with the results of 6.3. Then go Singapore, Chile, Australia and New Zealand.
The winners were the banking systems of Canada, in which, over the past 100 years, regional banks have survived 2 bankruptcies, and Finland, which is characterized by the division of storage and investment units of banks.
Importantly, Finland also ranked first in 2016.