Canada Tops List Of Soundest Banking Systems The credit crisis is forcing investors to ask, "Which banks are safe?" According to a survey from the World Economic Forum, Canada has the world's most solid banking system. Next on the list are Sweden, Luxembourg and Australia. The U.S. ranked 40th, behind Germany, Chile and Namibia. Britain, which used to be ranked in the top five, dropped to 44th place.
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Canada Tops List Of Soundest Banking Systems

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Canada Tops List Of Soundest Banking Systems

Canada Tops List Of Soundest Banking Systems

Canada Tops List Of Soundest Banking Systems

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The credit crisis is forcing investors to ask, "Which banks are safe?" According to a survey from the World Economic Forum, Canada has the world's most solid banking system. Next on the list are Sweden, Luxembourg and Australia. The U.S. ranked 40th, behind Germany, Chile and Namibia. Britain, which used to be ranked in the top five, dropped to 44th place.

STEVE INSKEEP, host:

You could use your fabulous Internet connection to try to find out a place where your bank is stable. And our last word in business today is look north. Canada has the world's soundest banking system according to a survey from the World Economic Forum. Next on the safe list is Sweden, followed by Luxemburg and Australia. If you're wondering about the United States, we ranked 40th. We have the 40th soundest banking system. We're behind Germany, Chile, and Namibia. Your bank would be more stable if it's in Namibia than in the United States. However, we're better off than Britain which is number 50, just below Peru. And that's the business news on Morning Edition from NPR News. I'm Steve Inskeep.

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