The Foreign Bank Tracker led by finance partner, John Elias, is the second in our series providing a spotlight on Asian banks investing into Australia.

1. FIRB AND FOREIGN BANKS
• The increasing number of foreign banking institutions from Asia setting up
business in Australia is an encouraging trend, particularly in light of the
new regulations.
• FIRB regulation needs to be understood by foreign banks, particularly the
ways in which regulations impact their clients' activities in Australia.
UNITED STATES / CANADA EUROPE ASIA
10 BANKS
from United States (including 2 from Canada)
operating in Australia
10 BANKS
from Europe operating in Australia
5 departed since 2009
23 BANKS
from Asia operating in Australia.
100% increase in number of banks since 2009
$72 BILLION
in Australian resident assets
$173 BILLION
in Australian resident assets
$119 BILLION
in Australian resident assets
3.5% AVERAGE GROWTH
(2013-2016)
20% AVERAGE GROWTH
(2013-2016)
Among Asian banks operating in Australia, 81% of resident assets are
held between Chinese and Japanese banks.
John Elias
T +61 2 9921 4115
john.elias@minterellison.com
Victoria Allen
T +61 2 9921 4567
victoria.allen@minterellison.com
ASIAN BANK GROWTH ACCELERATES
•
• 9 out of 13 foreign bank entrants in past 5 years were from Asia
HOT SECTORS FOR ASIAN BANKS
Property & Real Estate Infastructure
200
150
100
50
2009 20112010 2012 2013 2014 2015 2016
$169 BILLION
ASSET GAP
$54 BILLION
ASSET GAP
EUROPE ASIA
0.5% AVERAGE GROWTH
(2013-2016)
Energy & Resources
8 out of 10 fastest growing banks in 2016 were from Asia
Foreign Bank Tracker 2017
The second in our series provides a spotlight on Asian banks investing into Australia