Top 10 banks in australia

Banking is the key sector of countries growth and among them best banks are mostly preferred. Today we are going to know about top 10 banks in australia which are most popular bank in australia. Australia is the big country there are many nationalised banks out there.

This is the list of banks in australia (australian banks list), its not ranking of banks ! just arranged randomly.

National Australia Bank

National Australia Bank, NAB, is ranks the highest among the top four banking institutions in Australia. It’s the 17th largest bank in the world (based on market capitalization), and serves over 8 million customers globally. The bank now has acquired close to 75 percent interest in Orchard Street Investment Management, a $7.34 billion London-based fund focused on investments in commercial property assets within the United Kingdom.

ANZ australia and new zealand banking group (anz)

The Australia and New Zealand Banking Group is the third largest bank when measured by market capitalization in Australia and New Zealand. Commercial and retail banking are the backbone of the company’s growth, which is the largest bank in New Zealand. Recently ANZ announced that the company will be utilizing Watson, which is the super computer, to handle customer questions and assist financial planners, which will sure enhance banking experience.

Macquarie Bank

Macquarie bank headquarters in Sydney, Australia. Macquarie Group is the country’s largest investment banking group which is known for its mergers and acquisitions expertise in banking, the company has completed a $420 million book build, only expecting to originally raise $400.

Suncorp

Suncorp is one of Australia’s largest and popular bank in terms of deposits, combine lending, dealing in finance, insurance and banking. The insurance arm of the business of suncorp was formed in 1996 with the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation. Although it’s one of Australia’s largest, its workforce has shrunk by nearly ten percent in the past four years as the company focuses on paying top dollar for execs and its company culture.

Westpac

The westpac bank and Westpac financial-services provider group is one of Australia’s biggest banks, the largest bank in New Zealand and the second largest in terms of assets with around 13 million customers, Westpac has 1200 branches and 2900 ATMs to serve its large customer base throughout, westpac can provide quality banking services across the nation. In July, the Westpac bank announced that it is planning to launch its own mobile wallet using host card emulation (HCE) technology to promote digital transaction and quality banking services to suite with model banking environment.

Bank of Queensland

Queensland retail bank is one of the oldest institutions in Queensland. With close to 300 branches and over 650,000 customers, the Bank of Queensland is known for its customer satisfaction, ranking at 88 percent satisfaction among its customers in 2007. Recently, the bank announced plans to nearly double its pool of accredited brokers in the upcoming financial year, after it posted record profits in financial year 2014.

AMP Bank Ltd

The financial services company operates both countries in Australia and New Zealand. Its worldwide subsidiary AMP Capital is growing by leaps and bounds in countries like Bahrain, China, Hong Kong, India, Japan, Luxembourg, Singapore, the UK and the US, Which are the top countries.

Bankwest

This full-service bank based in Perth is actually owned by Commonwealth Bank of Australia as of 2008, but has continued to operate independently since. Bankwest also has offices in Adelaide, Brisbane, Canberra, Melbourne and Sydney which are popular cities in Australia. Suncorp Group Ltd

Bendigo & Adelaide Bank

Primarily a retail bank like Bank of Queensland, the Bendigo & Adelaide bank came to be after the Bendigo Bank merged with Adelaide bank at the end of the year in 2007. Recent years, two of the bank’s businesses made a list of the Australia’s most innovative companies. Keech Australia and Community Telco Australia both were given the honor by Business Review Weekly.

Commonwealth Bank

Commonwealth bank has locations in Australia, New Zealand, Fiji, Asia, the UK and the US, and provides a wealth of services including retail, business and institutional banking services across listed countries, which includes fund management, superannuation, insurance, investment and broking services to its customers. The refresh of its mobile app has garnered a lot of attention towards bank. It now offers tap and pay, cardless cash and merging social payments across the country.

top 10 banks in australia

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