The Top Five Banks of Australia based on Market Capitalization of these banks on September 16,2008 are:

1.Commonwealth Bank of Australia – $58.0B
2.Westpac Banking Corp – $43.0B
3.National Australia Bank Ltd – $38.0B
4.Australia and New Zealand Banking Group Ltd –$34.0B
5. St.George Bank* – N/A

Recently St.George Bank was took over by Westpac Bank.

Source: Reuters Financial Data

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