The 2019 DBM Australian Financial Awards were presented in Sydney yesterday, recognising the best of the Australian financial sector as chosen by over 80,000 of its retail and business customers. The awards are based entirely on customer feedback and ratings of their own financial providers throughout 2018.
Bendigo Bank was a big winner on the day, taking home 5 business banking awards including the prestigious Most Recommended Business Bank award. Among other highly regarded awards, Greater Bank became the Most Recommended Customer-owned Bank while ING was the Most Recommended Bank, both in the retail banking classification.
In the major bank classification, NAB finished with 4 retail banking awards including the coveted Most Recommended Major Bank prize, as well as one business banking accolade. CBA took home 4 awards across both business and consumer categories including the Most Innovative Major Bank, while Westpac won 3 for business banking one of which being the prestigious Most Recommended Major Business Bank. ANZ meanwhile became Australia’s Most Recommended Institutional Bank, and was recognised for offering the Most Recommended Home Loan for a major bank.
DBM Consultants Managing Director Dhruba Gupta said of the winners: “we are very pleased to be recognising and celebrating the best performers in financial services as judged by their own customers. They have had to deliver consistently high performance throughout 2018 to be able to win the top position among their peers.”
Rabobank became Australia’s Most Recommended Agribusiness Bank, while RAA won the Most Recommended General Insurer. Across superannuation and health insurance, QSuper was the Most Recommended Non-Industry Superannuation fund, while CBUS Super claimed the Industry Superannuation fund category. TUH Health Fund was the Most Recommended Members-own Private Health Insurer.
The winners of the above awards (and more below) were selected using Consumer Atlas and The Business Financial Services Monitor (BFSM). Collecting feedback from over 80,000 Australian financial customers across both retail and business categories, these programs are the largest and most comprehensive financial customer research surveys in Australia.
See how winners celebrated their achievement here:
Greater Bank – Most Recommended Customer-owned Bank
RAA – Most Recommended General Insurer
View the full list of winners below and visit the DBM Australian Financial Awards website to check out the photo gallery.

BUSINESS BANKING
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Best Major Digital Business Bank
Westpac
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Best Digital Business Bank
Bendigo Bank
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Most Competitive Major Business Bank
NAB
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Most Competitive Business Bank
Bendigo Bank
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Best Business Relationship Managers (Major Bank)
Westpac
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Best Business Relationship Managers
Bendigo Bank
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Best Business Customer Service (Major Bank)
Commonwealth Bank
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Best Business Customer Service
Bendigo Bank
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Most Recommended Agribusiness Bank
Rabobank
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Most Recommended Institutional Bank
ANZ
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Most Recommended Major Business Bank
Westpac
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Most Recommended Business Bank
Bendigo Bank
RETAIL BANKING
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Best Major Digital Bank
Commonwealth Bank
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Best Digital Bank
Police Bank
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Most Innovative Major Bank
Commonwealth Bank
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Most Innovative Bank
ING
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Most Competitive Major Bank
NAB
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Most Competitive Bank
ING
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Most Recommended Credit Card (Major Bank)
Commonwealth Bank
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Most Recommended Credit Card
Teachers Mutual Bank
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Most Recommended Home Loan (Major Bank)
ANZ
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Most Recommended Home Loan
People’s Choice Credit Union
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Best Personal Bankers (Major Bank)
Westpac
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Best Customer Service (Major Bank)
NAB
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Best Customer Service
Credit Union SA
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Most Recommended Industry Superannuation Fund
Cbus
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Most Recommended Non-Industry Superannuation Fund
QSuper
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Most Recommended Major Private Health Insurer
Apia
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Most Recommended Members-owned Private Health Insurer
TUH Health Fund
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Most Recommended General Insurer
RAA
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Most Reputable Major Bank
NAB
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Most Reputable Bank
Credit Union SA
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Most Recommended Major Bank
NAB
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Most Recommended Bank
ING
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Most Recommended Customer-owned Bank
Greater Bank