Title

Foreign Banks: What Do We Know?

Date of this Version

December 2006

Document Type

Journal Article

Publication Details

Williams, Barry (2006) Foreign Banks: What Do We Know? is published in Economic Society of Australia: Economic Papers, Special Edition, December 2006, pp. 39-51.
To view the published article contact The Economic Society of Australia: Economic Papers

2006 HERDC submission

Abstract

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.

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This document has been peer reviewed.