Safest Bank: Bank of Taiwan (No. 44)
Bank of Taiwan, ranked No. 44, is the only Taiwanese bank on Global Finance’s list. The bank is the largest in Taiwan when based on assets. At the end of 2011, the Bank of Taiwan’s assets totaled $131 billion. Its deposits and loans accounted for 11.8 percent and 10.1 percent, respectively, of the entire Taiwan market.
The bank’s Tier 1 capital ratio stands at 10.5 percent. This ratio—also known as “core capital”—compares a bank's core equity capital to its total risk-weighted assets. It measures a bank's financial strength. Bank of Taiwan is rated A+ by Standard & Poor’s and Aa3 by Moody’s.