Reputed financial journal Global Finance released its 23rd annual list of the top 50 safest banks in the world of 2014. These banks are providing world-class service to their customers and have excellent reputation.

Here is a brief overview of the top 20 Safest Banks in the World as of 2014.

20) Westpac Banking Corporation (Australia)

Westpac is a portmanteau of “Western-Pacific.” Westpac is an Australian bank and financial services provider. It has largest branch network in Australia. Headquartered in Sydney, the bank serves more than 12.2 million customers.

19) ANZ Banking Group (Australia)

Australia & New Zealand Banking Group, Commonly known as ANZ Group, the Australia & New Zealand Banking Group Limited is headquartered in Melbourne, Australia. It was named the most sustainable bank globally in the 2008 Dow Jones Sustainability Index.

18) Commonwealth Bank of Australia (Australia)

This Australian multinational bank has operations across Australia, New Zealand, Asia, USA, UK and Fiji. It provides a variety of financial services including retail, business and institutional banking.

17) National Australia Bank (Australia)

The National Australia Bank is headquartered in Melbourne. It serves 8.3 million consumer and business banking customers and more than 2.3 million wealth management customers.

16) Royal Bank of Canada (Canada)

Royal Bank of Canada is the largest financial institution in Canada. The bank was founded in 1864 and serves 18 million clients worldwide.