Gray Frame Corner

10 Countries with the Safest Offshore Banks in 2023

– Luxembourg is one of the world's safest, richest, and most stable countries. – Banque et Caisse d’Epargne de l’Etat ranks 19th at the GFM’s World’s Safest Banks Index.


– South Korean banks lie in the top 25 of GFM's World's Safest Banks Index. – Korea Development Bank ranks 16th, the Export-Import Bank of Korea 17th, and the Industrial Bank of Korea ranks 21st.

South Korea

– Singapore is home to some of the world's best offshore banks. – GFM ranks DBS Bank at 12th, OCBC at 13th, and UOB at 15th.


– Canada has some of the world's safest banks. – Royal Bank of Canada and TD Bank rank in the top 20 in the GFM's World's Safest Banks Index.


– France has one of the highest tax rates in the world but also some of the safest banks. – Caisse des dépôts et consignations and SFIL are the safets French banks according to the Global Finance Magazine.


– Sweden is globally known as a bastion of security, safety, and order in Europe and worldwide. – The country has multiple safe banks, including Swedish Export Credit Corporation (#9) and Svenska Handelsbanken (#14), some of which may be recognizable to those who have traveled in Scandinavia.


– Norway is one of the happiest and safest countries in the world. – Norwegian bank, Kommunalbanken, is rated by the GFM as one of the safest banks in the world (#7).


– The Netherlands is one of the world's safest and most stable countries. – The country is home to three of the top 50 offshore banks, including Bank Nederlandse Gemeenten(#3), Nederlandse Waterschapsbank (#5), and Rabobank (#42).


– Swiss banks have always been considered the best in banking for their stability and privacy. – Zuercher Kantonalbank ranks #2 in the world's safest banks index.


– According to Global Finance, Germany is home to KfW, the #1 safest bank in the world. – The country is also home to seven of the world's fifty safest banks, including Landwirtschaftliche Rentenbank (#4), L-Bank (#6), NRW Bank (#8), and more.


Offshore banking is one of the most efficient tools to diversify your assets and protect yourself against any instability in your country. Wondering how you can go about it? Contact Nomad Capitalist today, and we'll provide you with a holistic offshore strategy.

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