Which bank has the worst reputation?
The image and trust of major banks and some financial services organisations has plummeted, according to an annual survey.
Results from the 2019 Corporate Reputation Index show AMP and the four major banks are all in the bottom 10 in this year’s Index.
AMP fell 18 places from last year to rank 60th - the lowest place on the reputational list, with NAB falling 15 places from last year to rank 58th overall, CBA’s spot remained unchanged at 57th, Westpac fell nine places to rank 55th, and ANZ fell 16 places from 2018 to rank 51st in this year’s list.
The study - which surveys more than 10,000 Australians and has been conducted each year since 2008 by the global Reputation Institute - also shows that Air New Zealand has claimed the title of Australia’s most reputable company in the annual survey for the third year running.
Which bank do you think has the worst reputation in Australia?