Nominal bank assets growth reached 10.8% in first quarter of 2022 in Australia, according to the National Central Bank. This is 44.1% more than in the previous quarter.
Historically, nominal bank assets growth in Australia reached an all time high of 54.5% in 2Q2004 and an all time low of -14.5% in 4Q2017.
Australia has been ranked 11th within the group of 40 countries we follow in terms of nominal bank assets growth.
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