These are the 14 countries with the safest banks in the world

With speculation rife that Deutsche Bank may be on the brink of collapse under the weight of a massive fine from the US Department of Justice, the safety and security of financial institutions is once again under the spotlight.

As a result, we decided to take a look into the countries around the world with the safest banks, using the World Economic Forum's recently-released Global Competitiveness Survey, which offers a bundle of indicators to show the health of a country's institutions.

One of those is the perceived safeness of banks.

WEF used its executive opinion survey to ask "in general, how do you perceive the soundness of banks?"

So the measure isn't based on any objective economic or accounting measure, but rather by the perceptions of the population. The countries are ranked from 1 (banks need more money) to 7 (banks are generally sound).

The survey showed that people in the UK and US really don't trust their banking systems after the 2008 financial crisis. The UK was ranked 62nd and the US came in at 36th, below Guatemala, Colombia, and Honduras.

Check out the countries with the safest banks below.