Best Banks in Australia – Credit Ratings
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The Best banks in Australia are ANZ, Bankwest, Commonwealth, HSBC Australia, NAB and Westpac. Rabobank has a stronger credit rating (AAA) than the Big Four Australian banks. Rabobank Australia is Australia's leading agribusiness leader. It is ranked higher than any other bank in Australia in Global Finance magazine’s “World’s Safest Banks” list.
Long-term Credit Ratings of Banks operating in Australia
| Rank |
Bank |
Standard & Poor’s |
Outlook |
| 1 |
AMP Bank |
A |
Stable |
| 2 |
ANZ Banking Group |
AA |
Stable |
| 3 |
Arab Bank Australia |
A- |
Stable |
| 4 |
Bank of Queensland |
BBB+ |
Stable |
| 5 |
Bankwest |
AA |
Stable |
| 6 |
Bendigo and Adelaide Bank |
BBB+ |
Stable |
| 7 |
Citigroup |
A+ |
Negative |
| 8 |
Commonwealth Bank of Australia |
AA |
Stable |
| 9 |
HSBC Bank Australia |
AA |
Negative |
| 10 |
ING Bank (Australia) |
A+ |
Stable |
| 11 |
Macquarie Bank |
A |
Stable |
| 12 |
Members Equity Bank |
BBB |
Stable |
| 13 |
National Australia Bank |
AA |
Stable |
| 14 |
Rabobank |
AAA |
Negative |
| 15 |
Rural Bank |
BBB |
Stable |
| 16 |
Suncorp-Metway |
A |
Stable |
| 17 |
Westpac Banking Corporation |
AA |
Stable |
Ratings as of March 2010
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