Newsroom & Financials

CoBank Again Named To “World’s 50 Safest Banks” List By Global Finance Magazine

Posted 8/28/2013

CoBank, a leading cooperative bank serving agribusinesses, rural infrastructure providers and Farm Credit associations throughout the United States, has  been named to Global Finance magazine’s list of the world’s safest banks for a third consecutive year.

Global Finance, which covers the financial services industry, publishes the “World’s 50 Safest Banks” list annually. Banks are ranked using a methodology that includes total assets and an evaluation of long-term ratings from major rating agencies. CoBank was first named to the list in 2011.

“Financial strength is an important part of the value we offer our customers, who look to CoBank to provide credit and financial services in all market conditions,” said Robert B. Engel, CoBank’s chief executive officer. “We’re very pleased to have once again earned this distinction, which underscores our continued focus on dependability and on managing the bank for the long term.”

The ranking will be published in the October issue of Global Finance. Further information is available at the magazine’s web site at www.gfmag.com.

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