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of AA- from Standard & Poor's and six banks have long-term debt ratings of Aa2 from Moody’s. Ratings may be revised or withdrawn at any time by the rating agencies.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|
|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, 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.