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Australia's banking sector is rated one of the safest in the world. Big Four Australian banks (ANZ, Commonwealth, NAB and Westpac) have the high credit ratings from the three leading agencies. Following is a list of the best-rated Australian banks.

 Long-term credit ratings

Rank Bank Moody's Fitch Standard & Poor’s
1 ANZ Banking Group Aa2 AA- AA-
2 Commonwealth Bank of Australia Aa2 AA- AA-
3 National Australia Bank Aa2 AA- AA-
4 Westpac Banking Corporation Aa2 AA- AA-
5 HSBC Bank Australia Ltd A1 n/r A+
6 Suncorp Bank A1 A+ A+
7 Bendigo and Adelaide Bank A2 A- A-
8 Macquarie Bank Ltd (MBL) A2 A A
9 Bank of Queensland A3 A- A-
10 Rural Bank  -  - A-

 Ratings as of April 10, 2015

Rating Symbols & Definition

Moody's Investors Service
‘Aaa’ = Highest Quality
‘Aa1’ = High Quality
‘Aa2’ = High Quality
‘Aa3’ = High Quality
‘A1’ = Upper Medium
‘A2’ = Upper Medium
‘A3’ = Upper Medium

Fitch Ratings
‘AAA’ = Exceptionally Strong
‘AA+’ = Very Strong
‘AA’ = Very Strong
‘AA-’ = Very Strong
‘A+’ = Strong
‘A’ = Strong
‘A-’ = Strong

Standard & Poor's
‘AAA’ = Extremely Strong
‘AA+’ = Very Strong
‘AA’ = Very Strong
‘AA-’ = Very Strong
‘A+’ = Strong
‘A’ = Strong
‘A-’ = Strong