Macquarie Bank

Office address: 50 Martin Place, Sydney, New South Wales 2000, Australia
Website: www.macquarie.com.au
Year established: 1969
Company type: Financial services
Employees: 20,500 across entire Macquarie Group
Expertise: Home and car loans, commercial banking, digital banking
Parent company: Macquarie Group
CEO and key people: Stuart Green, managing director and CEO
Financing status: -

Macquarie Bank provides retail financing and commercial banking services primarily to clients in Australia. It has carved a niche in the banking sector through its innovative and client-centric solutions. Macquarie Bank caters to a broad spectrum of financial needs, offering transaction accounts, home loans, credit cards, online banking, and business banking. It emphasises sustainability and progressive banking practices, distinguishing itself as a key player in the financial world.

History of Macquarie Bank

Established in 1969, Macquarie Bank has since evolved into a leading infrastructure manager and diversified financial services provider. Among the banking giant’s noteworthy milestones is the establishment of its infrastructure investment business in 1994. This started with the underwriting and placement of equity for the Hills Motorway in Sydney.

Macquarie Bank’s growth trajectory continued with significant global expansion and acquisitions across the 2000s and 2010s. These include the notable purchase of Delaware Investments in 2010, which positioned the company among the world's top asset managers.

Products and Services of Macquarie Bank

Macquarie Bank's offerings cover a wide range of financial services and products, designed to meet the varying needs of its clients. These include:

• home loans: tailored financing solutions for home buyers, offering competitive rates, flexible repayment options, and support from expert advisers
• car loans: personalised car financing options with fast approvals and flexible repayment terms
• savings accounts: high-interest savings accounts designed to maximize returns on personal savings
• transaction accounts: efficient everyday banking solutions with innovative features for managing finances
• term deposits: fixed-term investment options providing secure, guaranteed returns
• cash management accounts: specialised accounts offering efficient management of investment cash flows

Culture at Macquarie Bank

Macquarie Bank's culture is rooted in diversity, innovation, and a commitment to excellence. The banking giant fosters an inclusive environment that values everyone's contribution. It promotes a workplace where different perspectives are not only acknowledged but celebrated. This approach has been instrumental in driving Macquarie Bank's continued success and reputation as an employer of choice in the financial industry.

About Macquarie Bank Managing Director and CEO Stuart Green

Stuart Green has been leading Macquarie Bank as managing director and CEO since July 2021. He is also a member of the company’s executive committee. Green joined the bank as part of the Corporate and Asset Finance Group. He transitioned to managing investor relations for Macquarie Airports and later for Macquarie’s listed funds globally.

Green has held several senior leadership roles within the company. He served as head of corporate communications and investor relations in 2008 and group treasurer in 2013. Green has played a pivotal role in shaping Macquarie's investor, government, and media relationships.

Prior to joining Macquarie Bank, he worked in the UK as a Chartered Accountant and held senior finance and strategy roles. His commitment to social causes is evident from his decade-long service on the Board of the Juvenile Diabetes Research Foundation. Green's extensive experience and leadership qualities make him a key figure in guiding Macquarie Bank’s future.

The Future at Macquarie Bank

Macquarie Bank's unwavering profitability over 54 years, bolstered by its diverse operations and strong risk management framework, underscores its resilience and forward-looking stance. With operations spanning 34 markets and a substantial global presence, Macquarie is well-equipped to navigate the evolving financial landscape and contribute to the development of sustainable finance.

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