Below is a list of the long-term credit ratings (Long-Term ICR) of the best banks in Australia. Australia’s four major banks rank among the strongest in the world from a credit standpoint. Seven banks have long-term credit ratings of AA- from Standard & Poor's and six banks have long-term debt ratings of Aa2 from Moody’s. Ratings may be revised or withdrawn at any time by the rating agencies.

Rank Bank Moody's Standard & Poor's Fitch Ratings   Outlook  
1 ANZ Banking Group Aa2 AA- AA- Stable
2 Commonwealth Bank of Australia Aa2 AA- AA- Stable
3 National Australia Bank Aa2 AA- AA- Stable
4 Westpac Banking Corporation Aa2 AA- AA- Stable
5 Rabobank Australia Ltd Aa2 AA - Negative
6 Bank of Western Australia Ltd * Aa2 AA- AA- Stable
7 HSBC Bank Australia Limited A1 AA- - Stable
8 Suncorp Bank A1 A+ A+ Stable
9 AMP Bank Ltd A2 A+ - Stable
10 Bendigo and Adelaide Bank A2 A- A- Stable
11 ING Bank (Australia) Ltd A2 A+ - Negative
12 Macquarie Bank Limited (MBL) A2 A A Stable
13 Members Equity Bank Pty Ltd (ME Bank) A3 - - Stable
14 Rural Bank Ltd - A- - -
15 Bank of Queensland Limited Baa1 BBB+ BBB+ Stable
16 Citigroup Pty Limited Baa1 A- - Stable
17 Arab Bank Australia Limited (ABAL) Baa3 BBB A- Negative

* Bankwest has credit ratings, through its parent the Commonwealth Bank of Australia
  Credit Ratings as of July 23, 2013

Standard & Poor's (S&P)
Standard & Poor's, with offices in 24 countries and a history that dates back more than 150 years, is a global leader in objective risk analyses and evaluations of the credit worthiness of issuers worldwide.

Fitch Ratings
Fitch Ratings, founded in December 1913 by John Knowles Fitch, is an international rating agency that provides global capital market investors with ratings and research.

Moody's Investor Services
Moody's maintains a presence in 28 countries and is one of the world's most widely utilized sources for credit ratings, research and risk analysis. The company was established in 1909.

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