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Banks |
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Major banksThere are four very large locally owned banks in Australia that serve a large proportion of the market. Each of the large banks offer the advantage of a well known name, extensive national branch network and comprehensive product range.Other banksApart from the "big 4" there are a number of other banks in Australia, that can be summarised as follows:Other Australian banks these banks are locally owned and have tended to be most successful in their original state of origin, but they are increasingly expanding their branch networks into other states.Overseas banksthere are a number of large overseas banks that operate either via local Australian subsidiaries, or as a branch of the overseas parent. Some of these players specialise in loans distributed via brokers, or even direct via the internet. |
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