ANZ Commonwealth Bank National Australia Bank Suncorp Westpac Bank
ANZ Commonwealth NAB Suncorp Westpac

AMP Limited – A leading wealth management company operating in Australia and New Zealand. It is also one of the region's largest investment managers with A$222 billion in assets under management. AMP’s market capitalization is A$14 billion (October 5, 2017).

ANZ (Australia and New Zealand Banking Group) – One of the largest financial services groups in Australia, New Zealand and Asia. It has more than 10 million customers in 34 counties across the world. The company’s market capitalization was A$87 billion as of October 6, 2017.

BankSA, founded on March 11, 1848, is the largest bank in South Australia. In 2008 it became part of the Westpac Banking Group.

Bank of Queensland – One of the oldest financial institutions in Queensland with branches in every Australian state. Its retail deposits reached $26.6 billion in August 2015. The Bank provides retail banking, commercial banking and wealth management services.

Bankwest (Bank of Western Australia) – A universal bank with over 1 million retail customers. It was sold to the Commonwealth Bank in October 2008.

Bendigo and Adelaide Bank was created in 2007 through the merger of Bendigo Bank and Adelaide Bank. With assets under management of over $51 billion and market capitalization of over A$4.3 billion (April 2016), the company has a presence in all states and territories of Australia.

Citibank Australia provides a broad range of financial products and services to retail, corporate and institutional customers.

Commonwealth Bank – The largest bank in Australia by market capitalization. It has more than 1,100 local branches as well as operations in New Zealand, Europe and the Asia-Pacific region. The company is one of Australia's largest life insurers and managers in retail superannuation, allocated pensions and annuities. Commonwealth is also one of Australia's leading home loan providers with over 1 million home loan customers.

Deutsche Bank (Australia) – One of the top investment banks in Australia. It provides a wide range of investment banking and asset management services.

ING Direct – The 5th largest mortgage lender in Australia with approximately A$38 billion in mortgages and A$27 billion in deposits. ING Direct is a division of ING Bank (Australia) Limited.

Heritage Bank (formerly Heritage Building Society) – The largest member-owned bank in Australia. It has over 60 retail branches across Queensland and broker services in Queensland, New South Wales, Victoria, South Australia, Western Australia and Tasmania.

HSBC Bank Australia provides a full range of financial products and services through 37 branches and offices in New South Wales, Queensland, Victoria, Western Australia, South Australia and the Australian Capital Territory (ACT).

National Australia Bank – One of the four largest financial institutions in Australia by assets, market capitalization and number of customers. As of September 30, 2015, NAB had total assets of A$955.052 billion.

JP Morgan – A financial powerhouse with a history that spans 140 years in Australia. JP Morgan is one of the few full service investment banks in Australia. The Bank's offices are located in Sydney and Melbourne.

Macquarie Group – The largest investment bank in Australia, providing banking, financial, advisory, investment and funds management services. As of September 30, 2015, Macquarie had assets under management of A$504 billion.

Reserve Bank of Australia (RBA), established in 1960, is the central bank of Australia. It conducts monetary policy, works to maintain a strong financial system and issues the nation’s currency.

St. George Bank – A part of the Westpac Group.

Suncorp Group – The Australia’s largest general insurance company by gross written premium and one of the ten largest banks in the country. The company’s well-known brands are GIO, Vero, AAMI, Apia, Asteron Life, Bingle, Shannons, Resilium, and Terri Scheer.

Suncorp Bank – A leading regional bank servicing more than 1 million retail and business customers. It was named Bank of the Year 2015 by Money magazine.

Virgin Money Australia – an Australian financial services company owned by Bank of Queensland. The company serves over 150,000 customers.

Westpac Banking Corporation – One of the Big Four banks in Australia with the largest branch network comprising more than 1,400 offices. Westpac is winner of the Best Innovative Online Banking Service in Money Magazine's 2015 Best of the Best Innovation awards. As of August 19, 2016, it had a market capitalization of A$100.5 billion.

 Top Banks in Australia

 Total assets, AUD million

Rank Bank 2017 FY 2016 FY 2015 FY 2014 FY 2013 FY 2012 FY 2011
1 Commonwealth Bank of Australia 976,374 933,078 873,446 791,451 753,876 718,859 667,899
2 ANZ Banking Group 897,326 916,050 889,900 772,092 702,991 642,127 604,213
3 Westpac Banking Corporation 839,993 839,826 812,156 770,842 696,603 674,965 670,228
4 National Australia Bank (NAB) 790,227 777,951 955,052 883,301 808,427 763,090 753,757
5 Macquarie Group 182,877 197,734 187,976 153,904 144,748 153,626 157,568
6 Suncorp Group 97,232 95,919 95,651 94,429 95,928 96,062 95,488
7 Bankwest * 86,166 82,880 79,489 76,795 73,882 73,963 76,828
8 Bendigo and Adelaide Bank 71,424 68,577 66,029 65,063 60,282 57,238 55,005
9 Bank of Queensland 51,704 50,893 48,018 46,905 42,528 41,758 39,901

* Bankwest is a division of Commonwealth Bank.