K&H BankThe combination of an exchange rate crisis and extensive lending to retail customers in foreign currencies has proved toxic for the Hungarian banking sector in 2008, but K&H Bank looks more resilient than most, thanks to its bancassurance model, ownership by Belgium’s KBC Group, and 1.04x loan-to-deposit ratio.
BNP ParibasBNP Paribas has weathered the financial turmoil well as it has reaped the benefits of its deeply ingrained prudent risk culture. No meaningful exposure to toxic assets exists at the bank, which shunned these products when the going was good and refused to develop business with subprime customers.
OP-Pohjola Group“The ongoing financial crisis has proven yet again that banking truly is a business of trust,” says OP-Pohjola Group executive chairman Reijo Karhinen. “Long-term success in this volatile industry can only be based on responsible business practices and advanced, prudent risk management.”