Awards of Excellence: Asian country awards

Awards for Excellence 1997

Awards for Excellence 1997

Australia

Best domestic bank National Australia Bank

There is no question that National Australia Bank is the best bank in Australia. It avoided the bad debts that have set back its competitors and last year made a record net profit of A$2 billion (US$1.5 billion). This is underpinned by one of the lowest cost to income ratios of any Australian bank.

Best securities house JB Were

JB Were remains one of the few securities houses not affiliated to a bank and sometimes garners client business from this as a consequence.

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