Excerpt from Report:

Banking-sector assets totalled A$2.19trn as of August 2008, compared with A$1.86trn in August 2007. The Big Four banks controlled about 64% of this total. As of August 2008 there were ten foreign-subsidiary banks with total resident assets of A$118.9bn, compared with assets of A$134.2 in August 2007. The target overnight ...

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