OREANDA-NEWS. March 11, 2013. Nordea has once again been named the safest bank in the Nordic region by US magazine Global Finance.

Every year Global Finance selects the world’s 50 safest banks and Nordea now ranks number 20 and is still the safest bank in the Nordic region.

In the half-yearly update of the list Nordea is up four positions making it the third biggest climber on the list.

The ranking is based on an evaluation of the long-term credit ratings from Moody’s, Standard & Poor’s and Fitch and the total assets of the 500 largest banks worldwide.