Banking and Financial Services

Banking and Financial Services (BFS) comprises Macquarie’s retail banking and financial services businesses, providing a diverse range of personal banking, wealth management and business banking products and services to retail clients, advisers, brokers and business clients.

As at 31 March 2024, the group had BFS deposits1 of $A142.7 billion, a loan portfolio2 of $A140.2 billion and funds on platform of $A141.8 billion.

Rewarding good borrowers

We have great home loan rates, low fees and flexible ways to repay faster

Personally connected

We build longstanding relationships with our clients, who benefit from our deep investment expertise and industry leading platform

Business perspective

We have banking specialists with deep sector expertise who understand your business and industry

Australian clients

Approximately 1.85 million

Our services

Macquarie Personal Banking provides a diverse range of retail banking products to clients with home loans, transaction and savings accounts and credit cards. Serves clients through direct Macquarie offerings, strong intermediary relationships and a leading digital banking experience.

Macquarie Wealth Management provides clients with a wide range of wrap platform and cash management services, investment and superannuation products, financial advice and private banking. Delivers products and services through institutional relationships, adviser networks and dedicated direct relationships with clients.

Macquarie Business Banking provides a full range of deposit, lending and payment solutions, as well as tailored services to business clients across a range of key industry segments.

Our ideas and skills in action

Operational Briefing 2024: Banking and Financial Services

At our 2024 Operational Briefing, we shared an update on our Australian Banking and Financial Services group, emphasising how customer needs and digital innovation drive our world-class experiences across personal and business banking, wealth management, and payments and deposits.

2023 Annual General Meeting

At Macquarie Group's 2023 Annual General Meeting, our Banking and Financial Services group shared how it is innovating to help change the way small businesses bank in Australia. Watch to learn how one small business, PARKSWEAT, is making their savings work harder for them, with the Macquarie Business Savings Account.

Our people

In Banking and Financial Services, we support our clients through many key moments in their life, from buying a home to starting a business and managing their family’s wealth. It’s a privilege we take seriously, and it’s why we’re committed to delivering the best possible experience and outcomes for our clients.”

Greg Ward
Head of Banking and Financial Services

  1. BFS deposits include home loan offset accounts.
  2. Home loan portfolio excludes offset accounts.

Macquarie Personal Banking and Macquarie Business Banking are divisions of Macquarie Bank ABN 46 008 583 542 AFSL and Australian Credit Licence 237502. Lending criteria, fees and terms and conditions apply.