The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

Australia

Awards of Excellence

Asian regional awards


Best Bank: ANZ
Best Equity House: UBS
Best Debt House: Deutsche Bank
Best M&A House: Macquarie

The big four Australian banks present a study in contrasts. The two with the biggest franchises, Commonwealth Bank and National Australia Bank, are both in the middle of intelligent restructuring programmes with big ambitions but have yet to bed them down. The other two, Westpac and ANZ, have emerged from restructuring and are lean and well run but without quite the same domestic reach. The pick of the bunch is ANZ. Although not the outright largest of Australian banks, it has A$335 billion ($283.6 billion) of assets and 781 branches and is in the best condition. Net profit, revenue growth (adjusted for exchange rates), cash earnings per share and dividend all grew by double-digit percentages in the first half of the 2007 financial year. Fund managers like the way the bank has de-risked its business lending book over the past decade; SRI managers particularly like the bank’s relationships with its staff, rated highest among its peers by the Financial Services Union.


You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree