The Australian Prudential Regulation Authority, puts the industry's capital adequacy ratio for all ADIs (excluding foreign branch banks and 'other ADIs') at 12.2 per cent at March 2014. For major banks, this ratio was 11.9 per cent.

If you want to know how PrepareForAustralia can help you with your Australian online banking needs click here

http://www.prepareforaustralia.com.au/money-australia/manage-finances/banking-banks-financial-services/open-bank-account.aspx