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.
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
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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
