Banki w Australii i Nowej Zelandii

Abstract

The aim of the article is to present a subject concerning the functioning of the banks in Australia and New Zealand. Australian financial sector is dominated by four major banks: Australia and New Zealand Banking Group, Commonwealth Bank of Australia, National Australia Bank and Westpac Banking Corporation. From among 58 operating banks in Australia, banks of the "big four" have the largest market share. These Australian banks also play an important role in the New Zealand banking system. No other country has shown such a high bank concentration arising from nationality. These banks have more than 85% of assets compared to all assets located in the New Zealand banking system. In New Zealand, almost all banks belong to foreign owners. Nineteen banks are registered in 2011. Only three of them belong to New Zealand investors.