List of banks in Australia

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The following is the list of banks in Australia, as well as restricted ADI's,^[1] credit unions, friendly societies 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[]

• Reserve Bank of Australia

Australian-owned banks and building societies[]

Restricted ADI (Restricted Authorised Deposit-taking Institution)[]

Credit Unions[]

Australian friendly societies[]

Foreign-owned subsidiary banks[]

Foreign banks wishing to carry on a banking business in Australia must obtain a banking authority under the Banking Act issued by APRA, either to operate as a wholesale bank through an Australian branch or to conduct business through an Australian-incorporated subsidiary. Foreign banks which do not wish to obtain a banking authority may operate a representative office for liaison purposes, but the activities of that office are restricted.

There are a number of foreign subsidiary banks; however, only a few have a retail banking presence — HSBC Bank Australia, and Citibank Australia have a small number of branches. Foreign banks have a more significant presence in the Australian merchant banking sector.

Branches of foreign banks[]

• ABN AMRO Bank N.V.
• Bank of America, National Association
• Bank of Baroda
• Bank of China Limited
• Bank of Communications Co., Ltd.
• Barclays Capital (the trading name of Barclays Bank plc)
• BNP Paribas
• China Construction Bank Corporation
• China Everbright Bank Co. Ltd.
• Credit Suisse
• Deutsche Bank AG
• HBOS Treasury Services plc
• HSBC Bank plc
• ING Bank NV
• JPMorgan Chase Bank, National Association
• Mega International Commercial Bank Co., Ltd.
• Mizuho Corporate Bank, Ltd
• National Bank of Greece
• Oversea-Chinese Banking Corporation Limited
• Rabobank Nederland (the trading name of Co-operative Central Raiffeisen-Boerenleenbank B.A.)
• Royal Bank of Canada
• Société Générale
• Standard Chartered Bank
• State Bank of India
• State Street Bank and Trust Company (SSBATC)
• Sumitomo Mitsui Banking Corporation
• The Bank of Tokyo-Mitsubishi UFJ, Ltd
• The Hongkong and Shanghai Banking Corporation Limited
• The Northern Trust Company
• The Royal Bank of Scotland Plc
• Taishin International Bank
• Taiwan Cooperative Bank
• UBS AG
• Union Bank of India
• United Overseas Bank Limited
• Woori Bank

See also[]

• Banking in Australia
• List of banks
• List of banks in Oceania

References[]

External links[]

• Australia's Banking History, ABC
• History of Banks, Australian Banking Association