Top 10 Best Banks In the World In 2014

We usually keep our money in the bank to ensure it is safe. Banks also help us transact certain amounts of money in or out of town. We also need banks to offer us the huge benefits of various loan facilities. In recent times, the functions of banks have been diversified to include many more services. As such, banks continue to play a huge role in the growth of a country’s economy. It is common knowledge that banks help to improve the financial situation of a country and can help it get out of difficult economic situations. Loans and many other services are offered to the bank account holders to help them meet their short-term and long-term financial needs. Here we’ll reveal to you the top 10 best banks in the world in 2014.

1. Deutsche Bank Germany

With an estimated non-performing assets value of 0.19, Deutsche Bank offers its clients various banking services including currency exchange, online banking and other excellent facilities. Deutsche bank establishes its branches in almost every city of Germany and opens thousands of accounts to its clients every day.

 

2. Imperial Bank of Commerce

Imperial Bank of Commerce is a reputable and prominent bank of Canada. For so many years, this bank has been providing its services to billions of its clients and has done excellently well to ensure transactions are simple and convenient. According to the 2014 figures, Imperial Bank of Commerce is approximated at 0.3 non-performing assets (NPA).

Website: https://www.cibc.com/

3. Nova Scotia Bank Canada

Nova Scotia Bank Canada is another reputed and top-notch bank of Canada. It has so many services to offer to its customers, including home loans, car loans, higher rates on savings accounts and so on. Its nonperforming assets figure is approximately 0.16.

4. OP Pohjola Bank

OP Pohjola bank is located in Finland and has been maximizing its efforts to empower the economy of the country. It has nonperforming assets of roughly 0.6 and is considered as one of the best banks in the world by many analysts thanks to its great reputation, among its customers.

5. BOC Holdings Bank Hong Kong

BOC Holdings Bank is found in Hong Kong and has approximately 0.20 nonperforming assets figure. BOC holdings offers online banking services as well as money transfer services, meaning that you can transact the money to bank account holders in other countries via the web.

6. JPMorgan Chase USA

The customers of JPMorgan Chase are highly satisfied with the services provided by this bank. JPMorgan chase is situated in the United States. This bank has a very disciplined management system to ensure customer satisfaction and growth and is ranked as one of the strongest banks in the world. There is nothing extraordinary in JPMorgan’s strong performance. The secret is the discipline and simplicity with which the management has run the bank over the last few years.

7. Bayerische Landesbank Germany

This bank has greatly empowered the country’s economy and has become one of the best banks in the world for its reliable banking policies. According to the recent records, Bayerische Landesbank has a NPA vale of 0.17.

8. Qatar National Bank

The UAE and Qatar are some of the best performing markets in the banking industry. If you are looking for a reliable bank, then you may want to consider Qatar National Bank. This bank offers some of the best banking services available out there and has a total nonperforming assets value of about 0.11.

9. Royal Bank of Scotland

Located in Scotland, the Royal Bank is known to offer good returns on customers saved incomes. This means that opening a savings account with the Royal Bank of Scotland can give you a good opportunity to earn an excellent monthly or annual percentage based on your total savings. This bank boasts a nonperforming assets total of 0.17.

10. Credit Suisse Bank of Switzerland

Swiss banks are well-known for their amazing and customer-friendly facilities. This is because their banking industry is one of the strongest and most reliable the world over. Credit Suisse Bank allows both local and foreign investors to confidently keep their savings with them. Credit Suisse Bank nonperforming assets value is 0.23.