Foreign Banks: What do we know?

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In their twenty years since their entry into Australia, foreign bank performance has been considered a failure. This paper will canvass this and related issues and argue that some of these perceptions may have been based upon inappropriate expectations. It will be argued that the foreign banks have been an important component in the ongoing process of Australian financial system efficiency improvement and globalisation.

Original languageEnglish
Pages (from-to)39-51
Number of pages13
JournalEconomic Papers
Issue numberS1
Publication statusPublished - Dec 2006
Externally publishedYes


  • Financial Regulation
  • Foreign Banks
  • Profitability

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