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Despite all of the headlines about a banking crisis in Greece, Europe is home to the world’s safest commercial banks, according to a report by Global Finance Magazine.

The study compares 500 of the world’s largest banks and their “long-term foreign currency ratings” issued by Fitch, S&P, and Moody’s as of August 2014.

The banks are then given a score where 10 points are awarded for a AAA rating, 9 points for AA+ rating, and so on, according to Andrew Cunninghamproject coordinator for Global Finance Magazine.

The ranking does not include banks owned by other banks and government import-export finance institutions. 

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17. National Australia Bank

Country: Australia

Assets: $752,585,000

Fitch: AA-

Moody’s: Aa2

S&P: AA-

Global Finance ranking score: 22

Source: Global Finance Magazine 

16. Royal Bank of Canada

Country: Canada

Assets: $823,278,000

Fitch: AA

Moody’s: Aa3

S&P: AA-

Global Finance ranking score: 22

Source: Global Finance Magazine

15. Rabobank

Country: Netherlands

Assets: $929,719,000

Fitch: AA-

Moody’s: Aa2

S&P: AA-

Global Finance ranking score: 22

Source: Global Finance Magazine

See the rest of the story at Business Insider