The Market Structure of the Banking Sector Has Changed Since

The market structure of the banking sector has changed since deregulation of the financial system during the 1980s.Which statement most closely reflects the current structure of the banking sector in Australia?

A) Foreign banks dominate in number and share of total assets.
B) Major Australian banks no longer hold the largest share of total assets.
C) Total assets are fairly evenly distributed between the major, regional and foreign banks.
D) Major banks maintain the highest percentage of branches and share of total assets.

Correct Answer:

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