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Aust banks ranked in world’s top 100 firms

Australia’s big four banks have all been ranked among the largest 100 companies in the world.

May 26, 2016, updated May 26, 2016
Photo: AAP

Photo: AAP

Commonwealth Bank leads a group of 35 Australian firms ranked among Forbes’ annual Global 2000 list, which calculates the world’s 2,000 largest public companies by looking at sales, profits, assets and market value.

The list is again headed by a trio of Chinese banks – Industrial and Commercial Bank of China, China Construction Bank and Agricultural Bank of China.

CBA is the top-ranked Australian company at No.58 with a market value of $US99.2 billion ($A137.71 billion).

Rivals Westpac (72), ANZ (84) and National Australia Bank (88) are also in the top 100, with telco giant Telstra the next highest-ranked Australian company at No.262.

Wesfarmers (264) and supermarket rival Woolworths (760) both feature, as do insurance giants Suncorp (530), QBE (571) and IAG (891).

At No.455, BHP Billiton is the highest-placed of Australia’s resource companies, with Rio Tinto classified as a UK company courtesy of its dual listing on the London Stock Exchange.
AUSTRALIAN COMPANIES IN THE TOP 2000

58 Commonwealth Bank

72 Westpac

84 ANZ

88 National Australia Bank

262 Telstra

264 Wesfarmers

343 Macquarie Group

455 BHP Billiton

510 AMP

530 Suncorp

571 QBE

760 Woolworths

764 Scentre

818 CSL

827 Westfield

891 IAG

966 Amcor

1044 Qantas

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1119 Woodside

1140 Lend Lease

1142 Brambles

1161 Fortescue Metals Group

1260 Caltex Australia

1264 Origin Energy

1298 Goodman Group

1304 Vicinity Centres

1308 Stockland

1411 Transurban

1142 AGL

1538 Ramsay Health Care

1568 Bendigo & Adelaide Bank

1607 Newcrest Mining

1620 MAp

1723 GPT Group

1852 Bank of Queensland

 Source: forbes.com/global2000

AAP

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