Top Largest Banks in Australia

The top largest banks of Australia include Commonwealth Bank of Australia, National Australia Bank, ANZ, Westpac, among others.

The Commonwealth Bank of Australia (CBA) is the largest bank by market capitalization in Australia and a leading provider of integrated financial services such as retail banking, business banking, funds management, insurance, investment, sharebroking services, etc. It operates the largest financial services distribution network in the country with the most points of customer access. It is also the largest life insurer in Australia, ranking first in the market in terms of in-force annual premiums.

National Australia Bank (NAB) is one of the largest financial institutions and banks in Australia in terms of market capitalisation and customers. It operates major financial services franchises in the country, as well as businesses in New Zealand, Asia, the UK and the US. NAB has won CFO Magazine's Business Bank of the Year Award and AB+F Corporate & Business Banking Awards.

ANZ is one of the biggest companies in Australia and New Zealand and a leading international banking and financial services group, which is among the top 50 banks in the world. In 2008 it achieved leading global bank ranking in Dow Jones Sustainability Index for the second year in a row. ANZ world headquarters is located in Melbourne.

The Westpac Group is Australia's second largest bank by market capitalisation. The group’s portfolio of financial services brands and businesses includes Westpac Retail and Business Banking, BankSA, BT Financial Group Australia, St.George Bank, Westpac Institutional Bank and Westpac New Zealand.

* Featured Articles:

Safest Banks in Australia

Financial Institutions in Australia

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Kelvin Wong Loke Yuen is an experienced writer with a strong background in finance, specializing in the creation of informative and engaging content on topics such as investment strategies, financial ratio analysis, and more. With years of experience in both financial writing and education, Kelvin is adept at translating complex financial concepts into clear, accessible language for a wide range of audiences. Follow him on: LinkedIn.

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