Foreign Bank Tracker: Mapping Capital Flows Into Australia
The rapid expansion of Asian banks into the Australian marketplace took a breather in calendar 2017, but experts remain convinced they will soon eclipse their more established European rivals.
Minter Ellison's Foreign Bank Tracker for 2018 acknowledges a slower rate of growth for Asian banks following the Chinese government's introduction of strict outbound investment controls but suggests the setback is merely temporary. Now in its third year, this piece of thought leadership draws on Australian Prudential Regulatory Authority (APRA) statistics to unveil trends in the capital flow of foreign banks operating in Australia.
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