Top 10 Banks in Australia 2015

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7. Suncorp Group Ltd

Suncorp Group was founded on December 1, 1996 with its headquarters in Brisbane, Australia. It is Australia’s largest general insurance group.

Patrick Snowball is the CEO of the bank and it has Ziggy S as the Chairman of the bank. The bank has around 14500 employees. It is ranked 516 in Forbes Global 2000. Forbes calculate Global 2000 by compiling a composite score for each company based on their rankings for profits, sales, assets and market value. The highest composite score gets the highest rank and then the ranking of Forbes 2000 is done in descending order. It operates in different business segments: Banking, Commercial Insurance, Personal Insurance, and General Insurance to name a few. The services provided by the bank include personal and commercial banking, personal loans, property and equipment finance, home insurance, agribusiness products, financial planning, and fund administration. Suncorp Group Limited is a top 20 ASX-listed company. Suncorp has five main businesses: Commercial Insurance; Vero New Zealand; Personal Insurance; Suncorp Bank and Suncorp Life. These are supported by corporate and shared services divisions. It is ranked seventh based on total assets figure with the market capitalization of $ 13.5 billion.

Revenue $14.94 B

Profit $732.8 M

Asset $77 B