List of banks in Australia
The following is the list of banks in Australia, as well as restricted authorised deposit-taking institutions (ADI),[1] credit unions and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking Act 1959 (Cth), as at 2 August 2017.[2]
Central bank
The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the Reserve Bank Act 1959 removed the central banking functions from the Commonwealth Bank.[3] The bank's main policy role is to control inflation levels within a target range of 2–3%, by controlling the unemployment rate according to the 'non-accelerating inflation rate of unemployment' (NAIRU) by controlling the official cash rate.
Authorised deposit-taking institutions
Authorised Deposit-taking Institutions (ADIs) are corporations authorised to conduct banking business in Australia; however, the Financial Claims Scheme (FCS) guarantee applies exclusively to banks, building societies, and credit unions, and does not cover all ADI categories such as payment facilities.[4]
Incorporated in Australia
According to APRA statistics as of 11 December 2025, there are 71 Australian-owned ADIs, along with seven foreign-owned banks that are locally incorporated in Australia. It is worth noting that several of these banking groups operate under multiple brand names.[5]
| Banks incorporated in Australia | ||||
|---|---|---|---|---|
| Notes: OMB: Operating multiple brands. Refers to a bank's strategy of maintaining and operating two or more distinct consumer-facing brands, often following consolidation or the merger and acquisition of other banking institutions under a single operating license. BIG4: Big Four retail banking group in Australia. Bank: Special status. The bank is undergoing closure or acquisition/integration. For details, please refer to the Notes.
| ||||
| Domestic banks | ||||
| No. | Bank name | Headquarters | Established | SWIFT-BIC |
| Notes | ||||
| 1 | Alex Bank | Brisbane | 2018 | |
| 2 | AMP Bank | Sydney | 1849 | AMPBAU2S |
| 3 | ANZBIG4 | Melbourne | 1835 | ANZBAU3M |
| Australia and New Zealand Banking Group (ANZ) was officially formed in 1970 through the then-largest bank merger in Australian history, combining the Australia and New Zealand Bank (itself formed by the 1951 merger of the Bank of Australasia and Union Bank of Australia) with the English, Scottish & Australian Bank (ES&A). ANZ has aggressively expanded its footprint, particularly in New Zealand, where it acquired the government-owned PostBank in 1989 and, most significantly, the National Bank of New Zealand in 2003 from Lloyds TSB. While the National Bank brand was initially retained, it was retired in 2012, unifying operations under the ANZ brand. Continuing its strategy of growth through acquisition, ANZ recently strengthened its domestic position by acquiring Suncorp Bank in 2024, specifically targeting its mortgage and deposit base in Queensland. | ||||
| 4 | Australian Settlements | Sydney | 1993 | ASLLAU2C |
| 5 | Avenue Bank | Sydney | 2021 | |
| 6 | Bank of QueenslandOMB including BOQ Specialist (BOQS) and ME Bank |
Brisbane | 1863 | QBANAU4B |
| 7 | Bendigo BankOMB formerly the Bendigo & Adelaide Bank, including Rural Bank and Up Bank |
Bendigo | 1858 | BENDAU3B |
| 8 | BNK Banking CorporationOMB including Goldfields Money |
Perth | 1982 | GOMNAU61 |
| 9 | Commonwealth BankBIG4 OMB including Bankwest |
Sydney | 1911 | CTBAAU2S |
| Commonwealth Bank of Australia (CBA), established in 1911 as a government-owned bank, is the nation's largest financial institution and the only one of the "Big Four" to have been fully privatized (a process completed in 1996). While CBA grew significantly through earlier mergers, such as acquiring the State Bank of Victoria in 1991, its most pivotal modern expansion occurred during the Global Financial Crisis in 2008. Taking advantage of market volatility, CBA acquired Bankwest (the Bank of Western Australia) from the distressed UK lender HBOS for A$2.1 billion. This acquisition cemented CBA market dominance in Western Australia, allowing Bankwest to operate as a distinct regional brand until its strategic transition in 2024 to become a digital-only division within the group. | ||||
| 10 | Cuscal | Sydney | 1966 | CUSCAU2S |
| 11 | IN1Bank | Sydney | 2019 | |
| 12 | Indue | Brisbane | 1965 | IDLTAU42 |
| 13 | Judo Bank | Melbourne | 2016 | |
| 14 | Macquarie Bank | Sydney | 1969 | MACQAU2S |
| Macquarie Group originated in 1969 as Hill Samuel Australia, the local subsidiary of a UK merchant bank - Hill Samuel & Co, before obtaining a full Australian banking license and rebranding to Macquarie Bank in 1985. Unlike the retail-focused "Big Four," Macquarie built its reputation as a global leader in infrastructure asset management and investment banking (often dubbed the "Millionaire's Factory"). A pivotal moment in its domestic history was the 1999 acquisition of the investment banking assets of Bankers Trust Australia, which eliminated a key rival and solidified its local dominance. Internationally, Macquarie aggressively expanded its funds management capabilities, most notably through the acquisition of US-based Delaware Investments in 2010 and Waddell & Reed in 2021, transforming it into a top-tier global asset manager. | ||||
| 15 | Members Banking Group trading as RACQ Bank |
Brisbane | 1965 | QTMBAU41 |
| 16 | MyState Bank | Hobart | 2009 | MYSTAU71 |
| 17 | National Australia BankBIG4 OMB including Ubank |
Melbourne | 1982 | NATAAU33 |
| National Australia Bank (NAB) was formed in 1982 through the merger of the National Bank of Australasia and the Commercial Banking Company of Sydney. Historically, NAB pursued an aggressive international expansion strategy, most notably in the United Kingdom where it acquired Clydesdale Bank (1987) and Yorkshire Bank (1990). However, following a strategic shift to refocus on its core domestic franchise, NAB fully divested its UK operations in 2016 through the demerger of CYBG (now Virgin Money UK). In the domestic digital market, NAB launched UBank in 2008 as a branchless division. This digital presence was significantly upgraded in 2021 when NAB acquired the neobank 86 400 for approximately A$220 million, merging it with UBank to leverage 86 400’s modern technology stack while retiring the neobank's brand. | ||||
| 18 | Norfinatrading as Suncorp Bank |
Brisbane | 1902 | METWAU4B |
| Following the completion of its acquisition of Suncorp Bank in July 2024[6], ANZ Group (ANZBGL) committed to maintaining the Suncorp brand for at least five to seven years and operating the bank as a stand-alone entity under its own ADI licence, with plans to eventually surrender the licence and fully integrate the business into the ANZBGL’s ADI licence[7]. | ||||
| 19 | Tyro Payments | Sydney | 2003 | TYROAU22 |
| 20 | WestpacBIG4 OMB including Bank of Melbourne, BankSA and St George Bank |
Sydney | 1817 | WPACAU2S |
| Westpac, established in 1817 as the Bank of New South Wales (Australia first bank), cemented its position as one of the "Big Four" through a strategic history of acquisitions that created a multi-brand banking group. After rebranding to Westpac in 1982, the corporation significantly expanded its regional footprint by acquiring the Bank of Melbourne in 1997. This was followed by a major merger with St.George Bank in 2008, a deal that also secured ownership of BankSA (which St. George had acquired in 1997), effectively bringing these major regional brands under the singular Westpac Group umbrella while retaining their local identities. | ||||
| Foreign subsidiary banks | ||||
| No. | Bank name | Headquarters | Established | SWIFT-BIC |
| Notes | ||||
| 21 | Arab Bank Australia | Sydney | 1986 | ARABAU2S |
| 22 | Bank of China (Australia) | Sydney | 2005 | BKCHAU2A |
| 23 | Bank of Sydney | Sydney | 2001 | LIKIAU2S |
| 24 | Heartland Bank Australia | Melbourne | 1971 | |
| 25 | HSBC Bank Australia | Sydney | 1985 | HKBAAU2S |
| HSBC has initiated a strategic review of its retail banking operations in Australia that is widely expected to lead to a market exit, although the bank clarified that no final decision has been reached and its wholesale banking business will remain unchanged.[8] | ||||
| 26 | ING Bank (Australia) trading as ING |
Sydney | 1999 | INGBAU2S |
| 27 | Rabobank Australia | Sydney | 1994 | RABOAU2B |
| Mutual banks | ||||
| No. | Bank name | Headquarters | Established | SWIFT-BIC |
| Notes | ||||
| 28 | Australian Military BankOMB including RSL Money |
Sydney | 1959 | AUMLAU21 |
| 29 | Australian Mutual BankOMB including Endeavour Mutual Bank and Sydney Mutual Bank |
Sydney | 1953 | SYCUAU21 |
| 30 | B&E trading as Bank of us |
Launceston | 1870 | BETDAU71 |
| 31 | Bank Australia | Melbourne | 1957 | MCUUAU31 |
| 32 | Beyond Bank Australia | Adelaide | 1958 | CPSUAU51 |
| 33 | Defence Bank | Melbourne | 1959 | DEFEAU31 |
| 34 | Gateway Bank | Sydney | 1955 | GCRUAU21 |
| 35 | Heritage and People's ChoiceOMB trading as Heritage Bank, including People's Choice Credit Union and People First Bank |
Toowoomba / Adelaide | 1875 | HBSLAU4T |
| 36 | Hume Bank | Albury | 1955 | HUMEAU21 |
| 37 | IMBOMB trading as IMB Bank, including The Shire |
Wollongong | 1880 | IMTIAU21 |
| 38 | Maitland Mutual trading as The Mutual Bank |
Maitland | 1888 | MMBTAU21 |
| 39 | Newcastle Greater Mutual GroupOMB including Newcastle Permanent and Greater Bank |
Newcastle | 2023 | ASLLAU2C |
| 40 | Police & NursesOMB trading as P&N Bank, including BCU Bank |
Perth | 1990 | PLNSAU61 |
| 41 | Police BankOMB including Border Bank and Heritage Isle |
Sydney | 1964 | POIEAU21 |
| 42 | Police Financial Services trading as BankVic |
Melbourne | 1974 | POFVAU31 |
| 43 | QPCU trading as QBANK |
Brisbane | 1964 | QPUUAU41 |
| 44 | Queensland Country Bank | Townsville | 1971 | QCCNAU41 |
| 45 | Regional Australia Bank | Armidale | 1969 | CNMCAU21 |
| 46 | Teachers Mutual BankOMB including Firefighters Mutual Bank, Health Professionals Bank and UniBank |
Sydney | 1966 | TMUTAU21 |
| 47 | Unity BankOMB including G&C Mutual Bank and Reliance Bank |
Sydney | 1970 | MMPCAU21 |
| 48 | Victoria Teachers trading as Bank First |
Melbourne | 1972 | VITCAU31 |
| Credit unions | ||||
| No. | Firm name | Headquarters | Established | SWIFT-BIC |
| Notes | ||||
| 49 | Central Murray Credit Union trading as Central Murray Bank |
Yarrawonga | 1972 | CUCNAU31 |
| 50 | Central West Credit Union | Parkes | 1966 | CWCUAU21 |
| 51 | Coastline Credit Union trading as Coastline Bank |
Kempsey | 1966 | CTRIAU21 |
| 52 | Community First Credit UnionOMB trading as Community First Bank, including Easy Street Financial Services and Illawarra Credit Union |
Sydney | 1959 | CFCIAU21 |
| 53 | Credit Union Australia trading as Great Southern Bank |
Brisbane | 1946 | CUAUAU41 |
| 54 | Credit Union SA | Adelaide | 1958 | CEUIAU51 |
| 55 | Dnister Ukrainian Credit Co-operative | Melbourne | 1951 | DUCCAU31 |
| 56 | Family First Credit Union trading as Family First Bank |
Lithgow | 1967 | FFCUAU21 |
| 57 | Fire Service Credit Union | Adelaide | 1972 | FSRUAU52 |
| 58 | First Option Bank | Melbourne | 1965 | FOEUAU31 |
| 59 | Ford Co-operative Credit Society trading as Geelong Bank |
Geelong | 1974 | FCRSAU31 |
| 60 | Goulburn Murray Credit Union Co-operative | Shepparton | 1955 | GMCUAU31 |
| 61 | Horizon Credit Union trading as Horizon Bank |
Wollongong | 1964 | HCRUAU21 |
| 62 | Laboratories Credit Union | Sydney | 1954 | LCRNAU21 |
| 63 | Macarthur Credit Union trading as The MAC |
Camden | 1971 | MCCUAU21 |
| 64 | Northern Inland Credit Union | Tamworth | 1970 | NICUAU21 |
| 65 | Orange Credit Union trading as Bank Orange |
Orange | 1964 | OCRNAU21 |
| 66 | Police Credit Union | Adelaide | 1970 | PCRNAU51 |
| 67 | Railways Credit Union trading as MOVE |
Brisbane | 1968 | RARUAU41 |
| 68 | South West Slopes Credit Union trading as SWSBANK |
Young | 1972 | SWSRAU21 |
| 69 | Southern Cross Credit Union | Kingscliff | 1966 | SCDUAU22 |
| 70 | Summerland Financial Services trading as Summerland Bank |
Lismore | 1964 | SURNAU21 |
| 71 | The Broken Hill Community Credit Union trading as Broken Hill Bank |
Broken Hill | 1973 | BHCCAU21 |
| 72 | The Capricornian | Rockhampton | 1959 | CPNIAU41 |
| 73 | Traditional Credit Union | Darwin | 1994 | TARUAU81 |
| 74 | Transport Mutual Credit Union | Sydney | 1964 | |
| 75 | Warwick Credit Union trading as Darling Downs Bank |
Warwick | 1970 | WCRUAU41 |
| 76 | WAW Credit Union Co-Operative trading as BankWAW |
Wodonga | 1961 | WCUCAU31 |
| 77 | Woolworths Team Bank | Sydney | 1971 | WERUAU31 |
| Other ADIs | ||||
| No. | Firm name | Headquarters | Established | SWIFT-BIC |
| 78 | Cairns Penny Savings & Loans trading as Cairns Bank |
Cairns | 1899 | |
Restricted ADIs
As of 11 December 2025, there are currently no restricted authorised deposit-taking institutions regulated by APRA.[5]
Local ADI rankings
Presented below is a ranking of ADIs based on CET1 capital accumulation within all local banking subsidiaries as of September 2025.[9]
| Local ADIs ranked by CET1 capital (as of September 2025) | ||||
|---|---|---|---|---|
| Notes: Common Equity Tier 1 (CET1) capital, as defined under the Basel III framework, represents the highest quality and most loss-absorbing form of a bank’s capital, consisting mainly of common shares and retained earnings; unlike total assets, which indicate the size of a bank’s balance sheet, CET1 reflects its core financial strength and is widely regarded as the most reliable measure of a bank’s solvency and resilience under stress. | ||||
| Rank | Bank | CET1 cap. (A$m) | CET1 ratio | |
| 1 | Commonwealth Bank of Australia | 58,933.1 | 11.8% | |
| 2 | Westpac Banking Corporation | 56,379.6 | 12.5% | |
| 3 | Australia and New Zealand Banking Group | 55,183.8 | 12.0% | |
| 4 | National Australia Bank | 51,526.6 | 11.7% | |
| 5 | Macquarie Bank | 19,123.3 | 12.4% | |
| 6 | ING Bank (Australia) | 4,994.1 | 15.1% | |
| 7 | Bank of Queensland | 4,391.2 | 10.9% | |
| 8 | Bendigo and Adelaide Bank | 4,261.7 | 10.9% | |
| 9 | Norfina | 3,638.0[10] | 10.8%[10] | |
| 10 | Rabobank Australia | 3,449.7 | 14.6% | |
| 11 | HSBC Bank Australia | 2,686.6 | 12.1% | |
| 12 | Newcastle Greater Mutual Group | 1,849.9 | 23.5% | |
| 13 | Judo Bank | 1,551.4 | 12.7% | |
| 14 | Heritage and People's Choice | 1,350.8 | 15.3% | |
| 15 | Credit Union Australia | 1,184.6 | 15.2% | |
| 16 | Bank Australia | 1,075.5 | 15.6% | |
| 17 | AMP Bank | 975.0 | 10.8% | |
| 18 | Teachers Mutual Bank | 742.3 | 16.7% | |
| 19 | Beyond Bank Australia | 727.6 | 16.5% | |
| 20 | Bank of China (Australia) | 604.6 | 20.6% | |
| 21 | MyState Bank | 556.4 | 12.1% | |
| 22 | IMB | 487.1 | 13.1% | |
| 23 | Police & Nurses | 479.3 | 12.6% | |
| 24 | Queensland Country Bank | 348.5 | 20.9% | |
| 25 | Unity Bank | 322.3 | 17.6% | |
| 26 | Bank of Sydney | 317.9 | 18.7% | |
| 27 | Regional Australia Bank | 293.9 | 16.8% | |
| 28 | Heartland Bank Australia | 284.1 | 17.3% | |
| 29 | Victoria Teachers | 281.0 | 17.2% | |
| 30 | Cuscal | 260.6 | 27.5% | |
| 31 | Defence Bank | 258.1 | 14.8% | |
| 32 | Police Financial Services | 240.9 | 20.0% | |
| 33 | Police Bank | 227.9 | 21.2% | |
| 34 | Australian Mutual Bank | 215.2 | 28.7% | |
| 35 | Members Banking Group | 189.4 | 16.9% | |
| 36 | Arab Bank Australia | 165.6 | 22.9% | |
| 37 | Community First Credit Union | 165.5 | 16.0% | |
| 38 | Tyro Payments | 160.1 | 76.6% | |
| 39 | Credit Union SA | 122.8 | 15.0% | |
| 40 | Gateway Bank | 122.3 | 15.7% | |
| 41 | Police Credit Union | 121.9 | 16.5% | |
| 42 | Hume Bank | 113.5 | 14.4% | |
| 43 | Australian Military Bank | 110.2 | 13.3% | |
| 44 | B & E | 107.9 | 13.8% | |
| 45 | BNK Banking Corporation | 105.5 | 22.7% | |
| 46 | QPCU | 86.8 | 19.7% | |
| 47 | Summerland Financial Services | 82.8 | 19.2% | |
| 48 | Railways Credit Union | 71.1 | 18.3% | |
| 49 | Maitland Mutual | 70.7 | 14.9% | |
| 50 | Southern Cross Credit Union | 70.2 | 17.9% | |
| 51 | Coastline Credit Union | 65.6 | 16.9% | |
| 52 | Goulburn Murray Credit Union Co-operative | 62.1 | 26.2% | |
| 53 | Horizon Credit Union | 54.4 | 18.7% | |
| 54 | Indue | 46.7 | 17.4% | |
| 55 | WAW Credit Union Co-Operative | 46.1 | 17.4% | |
| 56 | Northern Inland Credit Union | 40.1 | 24.1% | |
| 57 | Macarthur Credit Union | 31.4 | 20.3% | |
| 58 | Orange Credit Union | 31.1 | 23.0% | |
| 59 | Warwick Credit Union | 31.0 | 13.4% | |
| 60 | South West Slopes Credit Union | 30.3 | 22.6% | |
| 61 | The Capricornian | 28.8 | 17.7% | |
| 62 | Central West Credit Union | 27.1 | 24.3% | |
| 63 | Dnister Ukrainian Credit Co-operative | 26.7 | 20.5% | |
| 64 | Laboratories Credit Union | 19.3 | 19.7% | |
| 65 | Alex Bank | 18.4 | 37.8% | |
| 66 | First Option Bank | 18.1 | 17.6% | |
| 67 | Avenue Bank | 17.6 | 115.4% | |
| 68 | IN1Bank | 16.3 | 240.1% | |
| 69 | Family First Credit Union | 16.0 | 17.5% | |
| 70 | Ford Co-operative Credit Society | 13.5 | 23.1% | |
| 71 | The Broken Hill Community Credit Union | 11.3 | 20.7% | |
| 72 | Cairns Penny Savings & Loans | 11.2 | 21.2% | |
| 73 | Traditional Credit Union | 10.9 | 180.9% | |
| 74 | Woolworths Team Bank | 9.6 | 18.1% | |
| 75 | Australian Settlements | 9.5 | 19.2% | |
| 76 | Transport Mutual Credit Union | 9.2 | 18.3% | |
| 77 | Central Murray Credit Union | 7.8 | 18.5% | |
| 78 | Fire Service Credit Union | 6.0 | 18.3% | |
Incorporated outside Australia
As of 11 December 2025, the Australian Prudential Regulation Authority (APRA) reported that 49 Authorized Deposit-taking Institutions (ADIs) are incorporated outside Australia. These entities generally operate as foreign branch banks and are subject to specific regulatory requirements under the Banking Act 1959.[5]
| Banks incorporated outside Australia | ||||
|---|---|---|---|---|
Notes:Bank: Special status. The bank is undergoing closure or acquisition/integration. For details, please refer to the Notes.
| ||||
| No. | Headquarters | Bank name | Established | SWIFT-BIC |
| Notes | ||||
| 1 | China | Agricultural Bank of China | 2014 | ABOCAU2S |
| 2 | United States | Bank of America | 1964 | BOFAAUSX |
| 3 | India | Bank of Baroda | 2012 | BARBAU2S |
| 4 | China | Bank of China | 2008 | BKCHAU2S |
| 5 | China | Bank of Communications | 2011 | COMMAU2S |
| 6 | Taiwan | Bank of Taiwan | 2017 | BKTWAUS2 |
| 7 | United Kingdom | Barclays | 2021 | BARCAUSS |
| 8 | France | BNP Paribas | 1986 | BNPAAU2S |
| 9 | Canada | Canadian Imperial Bank of Commerce | 2016 | CIBCAU2S |
| 10 | China | China Construction Bank | 2010 | PCBCAU2S |
| 11 | China | China Everbright Bank | 2018 | EVERAU2S |
| 12 | China | China Merchants Bank | 2017 | CMBCAU2S |
| 13 | United States | Citibank. | 1985 | CITIAU2X |
| Citibank N.A., Sydney Branch serves as the group foreign ADI in Australia, focusing on wholesale banking and operating in coordination with Citigroup Global Markets Australia. It is the third-largest provider of domestic asset custody services—as of June 30, 2025, the branch managed A$931.51 billion in Australian domestic assets under custody (AuC)[11] and held A$23,028 million in total local resident assets[12]. | ||||
| 14 | Netherlands | Rabobank | 1996 | RABOAUSS |
| 15 | France | Crédit Agricole Corporate and Investment Bank | 2022 | BSUIAU2S |
| 16 | Singapore | DBS Bank | 2015 | DBSSAU2S |
| 17 | Germany | Deutsche Bank | 1994 | DEUTAU2S |
| 18 | Taiwan | E.SUN Commercial Bank | 2016 | ESUNAUSS |
| 19 | Taiwan | First Commercial Bank | 2009 | FCBKAU4B |
| 20 | Taiwan | Hua Nan Commercial Bank | 2011 | HNBKAU2S |
| 21 | China | Industrial and Commercial Bank of China | 1997 | INGAAU2S |
| 22 | Netherlands | ING Bank | 2008 | ICBKAU2S |
| 23 | Italy | Intesa Sanpaolo | 2020 | BCITAU2S |
| 24 | United States | Chase Bank | 2004 | CHASAU2X |
| 25 | South Korea | Hana Financial Group | 2013 | KOEXAU2S |
| 26 | Taiwan | Land Bank of Taiwan | 2025 | LBOTAU4B |
| 27 | Taiwan | Mega International Commercial Bank | 1997 | ICBCAU2S |
| 28 | Japan | Mizuho Bank | 2003 | MHCBAU2S |
| 29 | Japan | MUFG Bank | 2003 | BOTKAU2X |
| 30 | South Korea | Nonghyup Bank | 2022 | NACFAU2S |
| 31 | Singapore | OCBC Bank | 1996 | OCBCAU2S |
| 32 | Canada | Royal Bank of Canada | 1997 | RBDOAUB1 |
| 33 | South Korea | Shinhan Bank | 2016 | SHBKAU2S |
| 34 | France | Societe Generale | 2019 | SOGEAU21 |
| 35 | United Kingdom | Standard Chartered | 2001 | SCBLAU2S |
| 36 | India | State Bank of India | 2004 | SBINAU2S |
| 37 | United States | State Street Bank & Trust Company | 1986 | SBOSAU2X |
| 38 | Japan | Sumitomo Mitsui Banking Corporation | 2006 | SMBCAU2S |
| 39 | Taiwan | Taishin International Bank | 2017 | TSIBAU44 |
| 40 | Taiwan | Taiwan Business Bank | 2002 | MBBTAU2S |
| 41 | Taiwan | Taiwan Cooperative Bank | 2011 | TACBAU2S |
| 42 | United States | BNY | 2009 | BNYMAU2S |
| 43 | Canada | Scotiabank | 2016 | NOSCAU2S |
| 44 | Hong Kong | HSBC | 1986 | HSBCAU2S |
| The Hongkong and Shanghai Banking Corporation, Sydney Branch is a foreign ADI focusing on wholesale banking and is Australia largest provider of domestic asset custody services, managing over A$1.8 trillion in Australian domestic assets under custody (AuC) as of June 30, 2025—more than double the A$940 billion held by the second-largest provider, JPMorgan Chase Bank, N.A. Sydney Branch[11]—while its own local resident assets totaled A$36,957.5 million, approximately half the scale of its retail-oriented affiliate, HSBC Bank Australia,[12] with which it maintains partial operational overlaps. | ||||
| 45 | United States | Northern Trust | 2008 | CNORAU3M |
| 46 | Switzerland | UBS | 1998 | UBSWAU2S |
| 47 | India | Union Bank of India | 2015 | UBINAU2S |
| 48 | Singapore | United Overseas Bank | 1986 | UOVBAU2S |
| 49 | South Korea | Woori Bank | 2012 | HVBKAU2S |
Total resident assets
The following table ranks banking entities and financial groups in Australia by total resident assets, based on statistics released by the Australian Prudential Regulation Authority (APRA) as of September 2025.[12] While this dataset specifically focuses on assets held by Australian residents and excludes non-resident holdings, the figures remain a close proxy for the total balance sheet of each institution. This correlation is due to Australia status as a primarily domestic-focused market rather than a major offshore financial hub; consequently, for the vast majority of these banks, resident assets comprise the bulk of their global operations, although the "Big Four" banks also hold significant assets in New Zealand.
| Ranking of ADIs by domestic resident assets as of September 2025 | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Notes: Market share figures are calculated as the weighted average of each institution's deposit and loan market shares (weighted at 50% each) within the retail and commercial banking sectors, providing a comprehensive measure of their overall market presence. | |||||||||
| Rank | Bank name | Total resident assets (A$m) | Total resident deposits (A$m) | Customer accounts (A$m) | Loans to customers (A$m) | Market share (%) | |||
| Retail | Commercial | Retail | Commercial | Retail | Commercial | ||||
| 1 | Commonwealth Bank of Australia | 1,179,885 | 792,443 | 442,169 | 218,457 | 626,765 | 222,942 | 25.96% | 20.24% |
| 2 | Westpac Banking Corporation | 1,100,364 | 627,122 | 343,848 | 194,153 | 508,329 | 192,378 | 20.61% | 17.75% |
| 3 | National Australia Bank | 972,889 | 560,784 | 229,754 | 215,499 | 359,194 | 255,763 | 14.17% | 21.49% |
| 4 | ANZ Bank | 859,249 | 467,094 | 229,356 | 155,102 | 395,239 | 164,267 | 14.89% | 14.62% |
| Australia and New Zealand Banking Group | 759,314 | 411,196 | 190,674 | 142,459 | 336,140 | 150,586 | 12.53% | 13.42% | |
| Norfina | 99,935 | 55,898 | 38,682 | 12,643 | 59,099 | 13,681 | 2.36% | 1.20% | |
| 5 | Macquarie Bank | 304,049 | 199,789 | 91,706 | 57,984 | 157,357 | 20,991 | 5.94% | 3.75% |
| 6 | ING Bank | 126,571 | 57,719 | 53,873 | 3,383 | 69,606 | 12,157 | 3.03% | 0.68% |
| ING Bank (Australia) | 110,148 | 57,719 | 53,873 | 3,383 | 69,606 | 12,157 | 3.03% | 0.68% | |
| ING Bank N.V. Sydney Branch | 16,423 | - | - | - | - | - | - | - | |
| 7 | Bank of Queensland | 117,164 | 70,146 | 33,647 | 15,383 | 54,881 | 14,397 | 2.12% | 1.37% |
| 8 | Bendigo and Adelaide Bank | 113,521 | 75,055 | 49,393 | 19,756 | 65,637 | 14,834 | 2.81% | 1.60% |
| 9 | HSBC Bank | 103,808 | 38,262 | 18,127 | 15,864 | 34,978 | 20,546 | 1.25% | 1.65% |
| HSBC Bank Australia | 66,858 | 38,091 | 18,127 | 15,820 | 34,978 | 2,794 | 1.25% | 0.90% | |
| HSBC Bank Sydney Branch | 36,950 | 171 | - | 44 | - | 17,752 | - | 0.75% | |
| 10 | Rabobank | 51,652 | 18,568 | 8,160 | 5,838 | 218 | 30,386 | 0.25% | 1.58% |
| Rabobank Australia | 28,288 | 17,854 | 8,160 | 5,829 | 218 | 23,103 | 0.25% | 1.27% | |
| Rabobank Sydney Branch | 23,364 | 714 | - | 9 | - | 7,283 | - | 0.31% | |
| 11 | Sumitomo Mitsui Banking Corporation Sydney Branch | 44,125 | 14,048 | - | 8,575 | - | 26,177 | - | 1.53% |
| 12 | Bank of China | 43,405 | 21,692 | 5,171 | 13,907 | 7,460 | 21,477 | 0.31% | 1.60% |
| Bank of China (Australia) | 9,292 | 5,192 | 5,171 | 10 | 7,460 | 4 | 0.31% | - | |
| Bank of China Sydney Branch | 34,113 | 16,500 | - | 13,897 | - | 21,473 | - | 1.60% | |
| 13 | Bank of America, N.A. Sydney Branch | 35,169 | 7,786 | - | 6,883 | - | 3,422 | - | 0.49% |
| 14 | AMP Bank | 33,066 | 13,194 | 9,416 | 2,704 | 22,829 | 587 | 0.74% | 0.16% |
| 15 | MUFG Bank Sydney Branch | 29,423 | 15,675 | - | 10,975 | - | 18,054 | - | 1.31% |
| 16 | Heritage and People's Choice | 27,885 | 20,690 | 17,684 | 2,121 | 21,071 | 224 | 0.96% | 0.11% |
| 17 | Newcastle Greater Mutual Group | 26,244 | 19,152 | 16,954 | 1,488 | 18,496 | 118 | 0.88% | 0.08% |
| 18 | Mizuho Bank Sydney Branch | 25,569 | 6,786 | - | 6,253 | - | 15,911 | - | 0.98% |
| 19 | Credit Union Australia | 24,161 | 15,602 | 13,446 | 720 | 18,028 | 163 | 0.77% | 0.04% |
| 20 | UBS AG Sydney Branch | 22,973 | 6,385 | 255 | 4,008 | 736 | 2,272 | 0.02% | 0.29% |
| 21 | Citibank, N.A. Sydney Branch | 22,407 | 17,862 | - | 8,375 | - | 5,320 | - | 0.64% |
| 22 | Bank Australia | 21,838 | 14,532 | 12,557 | 1,357 | 14,394 | 416 | 0.67% | 0.08% |
| 23 | BNP Paribas Sydney Branch | 21,747 | 22,600 | - | 5,638 | - | 6,095 | - | 0.54% |
| 24 | United Overseas Bank Sydney Branch | 21,032 | 1,746 | - | 202 | - | 10,741 | - | 0.47% |
| 25 | JPMorgan Chase Bank, N.A. Sydney Branch | 20,951 | 15,412 | - | 4,154 | - | 1,323 | - | 0.26% |
| 26 | Judo Bank | 18,862 | 10,511 | 6,086 | 2,338 | 1,163 | 11,617 | 0.21% | 0.61% |
| 27 | Oversea-Chinese Banking Corporation Sydney Branch | 18,733 | 904 | - | 190 | - | 14,431 | - | 0.62% |
| 28 | DBS Bank Sydney Branch | 17,885 | 2,388 | - | 410 | - | 10,833 | - | 0.48% |
| 29 | Industrial and Commercial Bank of China Sydney Branch | 17,536 | 3,841 | 36 | 2,037 | - | 11,475 | - | 0.59% |
| 30 | Deutsche Bank Aktiengesellschaft Sydney Branch | 16,951 | 454 | - | 182 | - | 3,085 | - | 0.14% |
| 31 | Royal Bank of Canada Sydney Branch | 15,575 | 3,516 | - | - | - | 2,022 | - | 0.09% |
| 32 | Beyond Bank Australia | 14,948 | 8,594 | 6,916 | 1,479 | 9,276 | 331 | 0.40% | 0.09% |
| 33 | Teachers Mutual Bank | 13,125 | 9,424 | 8,776 | 189 | 9,630 | 1 | 0.46% | 0.01% |
| 34 | China Construction Bank Corporation Sydney Branch | 12,186 | 1,766 | 7 | 1,752 | - | 5,920 | - | 0.34% |
| 35 | Bank of Communications Sydney Branch | 11,081 | 121 | - | 121 | - | 5,343 | - | 0.23% |
| 36 | Police & Nurses | 10,741 | 7,778 | 6,286 | 952 | 7,375 | 487 | 0.34% | 0.07% |
| 37 | IMB | 10,503 | 7,016 | 5,631 | 1,004 | 6,704 | 441 | 0.30% | 0.07% |
| 38 | Agricultural Bank of China Sydney Branch | 9,284 | 54 | - | - | - | 3,455 | - | 0.15% |
| 39 | MyState Bank | 9,138 | 6,490 | 5,275 | 800 | 6,470 | 20 | 0.29% | 0.04% |
| 40 | Credit Agricole Corporate and Investment Bank Sydney Branch | 8,249 | 140 | - | 140 | - | 6,965 | - | 0.30% |
| 41 | China Everbright Bank Sydney Branch | 7,724 | 596 | - | 576 | - | 3,095 | - | 0.16% |
| 42 | State Street Bank and Trust Company Sydney Branch | 7,223 | 10,518 | - | - | - | - | - | - |
| 43 | Auswide Bank | 6,240 | 3,897 | 2,523 | 946 | 4,318 | 280 | 0.16% | 0.06% |
| 44 | Societe Generale Sydney Branch | 6,072 | - | - | - | - | 5,367 | - | 0.23% |
| 45 | Defence Bank | 4,936 | 3,348 | 2,814 | 411 | 3,741 | - | 0.16% | 0.02% |
| 46 | Standard Chartered Bank Sydney Branch | 4,891 | 2,467 | - | 1,826 | - | 1,893 | - | 0.17% |
| 47 | Victoria Teachers | 4,614 | 3,310 | 3,049 | 149 | 3,184 | 1 | 0.16% | 0.01% |
| 48 | Unity Bank | 4,598 | 3,179 | 2,224 | 593 | 2,435 | 436 | 0.12% | 0.05% |
| 49 | Regional Australia Bank | 4,561 | 3,543 | 2,691 | 803 | 2,993 | 245 | 0.14% | 0.05% |
| 50 | Canadian Imperial Bank of Commerce Sydney Branch | 4,393 | 194 | - | 136 | - | 3,455 | - | 0.15% |
| 51 | Bank of Sydney | 4,332 | 3,117 | 1,741 | 935 | 1,918 | 935 | 0.09% | 0.09% |
| 52 | Queensland Country Bank | 4,292 | 3,554 | 2,787 | 623 | 3,044 | 136 | 0.15% | 0.04% |
| 53 | Police Financial Services | 4,011 | 3,050 | 2,545 | 339 | 2,902 | - | 0.14% | 0.02% |
| 54 | Mega International Commercial Bank Sydney Branch | 3,996 | 257 | 12 | 243 | 10 | 2,760 | - | 0.13% |
| 55 | Members Banking Group | 3,813 | 2,535 | 2,362 | 49 | 2,703 | 1 | 0.13% | - |
| 56 | E.SUN Commercial Bank Sydney Branch | 3,806 | 149 | 28 | 121 | - | 2,824 | - | 0.13% |
| 57 | Cuscal | 3,596 | 2,804 | - | - | - | - | - | - |
| 58 | Community First Credit Union | 3,595 | 2,076 | 1,828 | 171 | 1,924 | 26 | 0.09% | 0.01% |
| 59 | The Northern Trust Company Sydney Branch | 3,373 | 15,287 | - | 4,037 | - | 206 | - | 0.21% |
| 60 | Police Bank | 3,360 | 2,257 | 2,036 | 166 | 2,266 | 1 | 0.11% | 0.01% |
| 61 | Heartland Bank Australia | 3,087 | 2,092 | 1,063 | 539 | 2,085 | 214 | 0.07% | 0.04% |
| 62 | The Bank of Nova Scotia Sydney Branch | 3,049 | 50 | - | 50 | - | 2,436 | - | 0.11% |
| 63 | First Commercial Bank Sydney Branch | 2,999 | 491 | 7 | 484 | - | 2,280 | - | 0.12% |
| 64 | Intesa Sanpaolo SPA Sydney Branch | 2,967 | - | - | - | - | 2,201 | - | 0.09% |
| 65 | B & E | 2,775 | 1,680 | 1,292 | 274 | 1,671 | 35 | 0.07% | 0.02% |
| 66 | Hume Bank | 2,547 | 2,072 | 1,513 | 474 | 1,562 | 85 | 0.08% | 0.03% |
| 67 | Australian Military Bank | 2,547 | 1,733 | 1,012 | 390 | 1,832 | - | 0.07% | 0.02% |
| 68 | Credit Union SA | 2,404 | 1,837 | 1,647 | 125 | 1,712 | 77 | 0.08% | 0.01% |
| 69 | Australian Mutual Bank | 2,273 | 1,613 | 1,475 | 113 | 1,339 | 29 | 0.07% | 0.01% |
| 70 | State Bank of India Sydney Branch | 2,110 | 594 | 6 | 573 | - | 1,623 | - | 0.10% |
| 71 | Taiwan Business Bank Sydney Branch | 2,067 | 93 | 6 | 86 | 34 | 1,690 | - | 0.08% |
| 72 | Wise Australia | 2,044 | 1,843 | 1,503 | 340 | - | - | 0.05% | 0.02% |
| 73 | Gateway Bank | 1,995 | 1,284 | 992 | 35 | 1,447 | 15 | 0.06% | - |
| 74 | Australian Unity Bank | 1,728 | 1,570 | 1,258 | 241 | 1,424 | 31 | 0.07% | 0.01% |
| 75 | China Merchants Bank Sydney Branch | 1,697 | 537 | 13 | 524 | - | 1,125 | - | 0.07% |
| 76 | PayPal Australia | 1,688 | 783 | 174 | 585 | - | - | 0.01% | 0.03% |
| 77 | Hua Nan Commercial Bank Sydney Branch | 1,660 | 7 | - | 7 | - | 1,038 | - | 0.04% |
| 78 | Taishin International Bank Sydney Branch | 1,599 | 154 | 1 | 154 | - | 1,230 | - | 0.06% |
| 79 | Police Credit Union | 1,497 | 1,340 | 1,157 | 182 | 1,035 | 175 | 0.06% | 0.02% |
| 80 | Arab Bank Australia | 1,422 | 1,078 | 463 | 383 | 613 | 336 | 0.03% | 0.03% |
| 81 | Maitland Mutual | 1,418 | 1,020 | 610 | 310 | 842 | 148 | 0.04% | 0.02% |
| 82 | Taiwan Cooperative Bank Sydney Branch | 1,306 | 242 | 2 | 240 | - | 959 | - | 0.05% |
| 83 | QPCU | 1,291 | 849 | 726 | 106 | 885 | 2 | 0.04% | 0.01% |
| 84 | BNK Banking Corporation | 1,223 | 987 | 527 | 448 | 721 | 137 | 0.03% | 0.03% |
| 85 | Summerland Financial Services | 1,199 | 1,083 | 833 | 223 | 895 | 34 | 0.04% | 0.01% |
| 86 | Shinhan Bank Sydney Branch | 1,174 | 141 | - | 141 | - | 500 | - | 0.03% |
| 87 | Railways Credit Union | 1,049 | 881 | 714 | 131 | 788 | - | 0.04% | 0.01% |
| 88 | KEB HANA Bank Sydney Branch | 1,017 | 131 | - | 113 | 5 | 857 | - | 0.04% |
| 89 | Southern Cross Credit Union | 997 | 909 | 703 | 128 | 796 | 46 | 0.04% | 0.01% |
| 90 | Bank of Baroda Sydney Branch | 985 | 436 | 5 | 4 | - | 805 | - | 0.03% |
| 91 | Bank of Taiwan Sydney Branch | 958 | 22 | - | 22 | - | 460 | - | 0.02% |
| 92 | Coastline Credit Union | 955 | 863 | 724 | 64 | 661 | 92 | 0.04% | 0.01% |
| 93 | Barclays Bank Sydney Branch | 861 | 495 | - | 445 | - | 788 | - | 0.06% |
| 94 | Indue | 779 | 688 | - | 221 | - | 2 | - | 0.01% |
| 95 | Horizon Credit Union | 768 | 696 | 628 | 68 | 515 | 29 | 0.03% | - |
| 96 | WAW Credit Union Co-Operative | 730 | 673 | 541 | 102 | 488 | 56 | 0.03% | 0.01% |
| 97 | Woori Bank Sydney Branch | 725 | 65 | - | 65 | - | 524 | - | 0.03% |
| 98 | Australian Settlements | 610 | 591 | - | 250 | - | - | - | 0.01% |
| 99 | Goulburn Murray Credit Union Co-operative | 598 | 525 | 433 | 82 | 368 | 39 | 0.02% | 0.01% |
| 100 | Warwick Credit Union | 540 | 494 | 345 | 141 | 382 | 70 | 0.02% | 0.01% |
| 101 | Union Bank of India Sydney Branch | 520 | 41 | - | - | - | 315 | - | 0.01% |
| 102 | Tyro Payments | 458 | 102 | - | 102 | - | 58 | - | 0.01% |
| 103 | Northern Inland Credit Union | 456 | 408 | 349 | 60 | 329 | 10 | 0.02% | - |
| 104 | The Capricornian | 440 | 402 | 359 | 42 | 350 | 14 | 0.02% | - |
| 105 | Macarthur Credit Union | 389 | 351 | 313 | 39 | 267 | 13 | 0.01% | - |
| 106 | Orange Credit Union | 323 | 288 | 268 | 17 | 216 | 2 | 0.01% | - |
| 107 | South West Slopes Credit Union | 323 | 283 | 247 | 36 | 188 | 5 | 0.01% | - |
| 108 | Laboratories Credit Union | 308 | 284 | 247 | 23 | 246 | 1 | 0.01% | - |
| 109 | Nonghyup Bank Sydney Branch | 306 | 35 | - | 35 | - | 175 | - | 0.01% |
| 110 | First Option Bank | 306 | 276 | 254 | 18 | 237 | 1 | 0.01% | - |
| 111 | Central West Credit Union | 296 | 264 | 230 | 34 | 152 | 8 | 0.01% | - |
| 112 | Dnister Ukrainian Credit Co-operative | 288 | 256 | 242 | - | 206 | 10 | 0.01% | - |
| 113 | Family First Credit Union | 262 | 232 | 222 | 10 | 215 | - | 0.01% | - |
| 114 | Land Bank of Taiwan Sydney Branch | 165 | 2 | - | 2 | - | 92 | - | - |
| 115 | Alex Bank | 59 | 38 | 32 | - | 45 | - | - | - |
| 116 | The Bank of New York Mellon Sydney Branch | 54 | - | - | - | - | - | - | - |
| 117 | Avenue Bank | 50 | 31 | - | 31 | - | - | - | - |
| 118 | IN1Bank | 27 | 9 | 5 | 3 | 3 | - | - | - |
See also
References
- ^ "APRA finalises new Restricted Authorised Deposit-taking Institution licensing framework | APRA". www.apra.gov.au.
- ^ APRA, "List of Authorised Deposit-taking Institutions" Archived 30 July 2014 at the Wayback Machine, as at 2 August 2017
- ^ "History of the RBA". Reserve Bank of Australia. Archived from the original on 17 February 2011. Retrieved 5 June 2009.
- ^ "Financial Claims Scheme: Banks, building societies and credit unions | APRA". www.apra.gov.au. Retrieved 17 December 2025.
- ^ a b c "List of registered authorised deposit-taking institutions | APRA". www.apra.gov.au. Retrieved 17 December 2025.
- ^ Reporter, James EyersSenior (31 July 2024). "ANZ can finally get under the hood of Suncorp Bank". Australian Financial Review. Retrieved 18 December 2025.
- ^ "Wholesale Debt Investor FAQs regarding ANZ's acquisition of Suncorp Bank" (PDF). www.anz.com. Archived from the original (PDF) on 5 December 2024. Retrieved 18 December 2025.
- ^ Mishra, Shivam (30 July 2025). "HSBC reportedly considers selling Australian retail bank". Retail Banker International. Retrieved 18 December 2025.
- ^ "Authorised deposit-taking institution centralised publication - March 2013 to September 2025". Australian Prudential Regulation Authority. Retrieved 17 December 2025.
- ^ a b "Director's Report and Financial Statements to 30 September 2025" (PDF). Suncorp. Retrieved 17 December 2025.
- ^ a b "Industry Statistics - Australian Custodial Services Association". acsa.com.au. Archived from the original on 3 July 2025. Retrieved 25 December 2025.
- ^ a b c "Monthly authorised deposit-taking institution statistics back-series March 2019 - October 2025". www.apra.gov.au. Retrieved 25 December 2025.