OREANDA-NEWS. November 05, 2008. According to the International Financial Magazine Global Finance, BNP Paribas that incorporates JSCIB “UkrSibbank” was acknowledged one of the most reliable banks in the world in the annual “World’s Safest Banks” nomination, reported the press-centre of UkrSibbank.

“The safest banks have been selected after comparing long-term credit ratings and volume of total assets among 300 world’s largest banks. Only 10 banks were admitted the most reliable. Ratings of the leading agencies like Moody’s, Standard&Poor’s and Fitch were used to carry out the analysis”, commented Oleksandr Adarich, Chairman of the Management Board of JSCIB “UkrSibbank”.

The award ceremony took place in Washington (USA) during the Annual Meeting of the World Bank and the International Monetary Fund.

Global Finance magazine publishes the list of the world’s largest banks rated by solvency 16 times in a row.