ANZ today announced its Institutional business has been recognised by the market as customers' lead banking partner and most reliable source of funding, for the seventh year in a row.
According to the 2022 Peter Lee Associates Large Corporate and Institutional Relationship Banking Survey, Australia, the majority of the 603 large Australian corporates surveyed cited ANZ as their lead relationship bank.
The latest survey also named ANZ as the Market Leader in ESG and sustainable finance for the second year in a row, with ANZ also ranked No.1 in the market for both industry knowledge and understanding client funding needs best.
ANZ Managing Director Institutional Australia & PNG Tammy Medard said: "Through the pandemic our customers needed to know that their bank was there for them. We were able to give them certainty in a time of significant uncertainty, and this year's results tell us that they value us most for that capability."
"It's particularly pleasing to once again be recognised as a market leader in the increasingly important areas of ESG and sustainable finance. ESG is a megatrend in banking and we're encouraged to see our clients say they value our analysis, advisory and solutions in this space. That said, it's a competitive market and we are always striving to improve."
The Peter Lee Associates Large Corporate and Institutional Banking survey is a leading indicator of performance across wholesale banking in Australia. In total, 603 Australia-based large corporates and financial institutions with more than $A500m in annual turnover were surveyed.
[1] No.1 Market Leader in ESG and Sustainable Finance
[2] No.1 for Knows Company's Industry Best, No.1 for Understands Total Funding Needs Best
