ANZ 'one of greenest banks'

Australian environmentally-friendly consumers looking to compare credit cards may be interested in the results of a new survey.

The Dow Jones Sustainability Index, which may appeal to those looking to compare home loans or savings accounts, among other financial products, has revealed ANZ Bank as the leading institution.

This represents the third year running in which it has been praised for its corporate responsibility.

It was assessed in categories including environmental performance and climate change mitigation, as well as corporate community investment and customer relations, among other criteria.

Mike Smith, ANZ chief executive officer, said the index acknowledges the bank’s efforts.

"This assessment recognises that we have maintained and strengthened our focus on responsible business practices during a period of global economic instability," he commented.

In other banking news, speculation over a potential home loans price war was prompted this week when Bankwest launched new capped mortgage products.

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