APRA releases authorised deposit-taking institution (ADI) points of presence statistics for June 2016
The Australian Prudential Regulation Authority (APRA) today released the ADI Points of Presence publication for the year ended June 2016.
The ADI Points of Presence publication is a detailed annual listing of banking services provided to Australians by authorised deposit-taking institutions (ADIs).
The publication states there were 5,904 ADI branches as at 30 June 2016, a decrease of 315 (5 per cent) from 6,219 a year earlier.
Most of the branches were in NSW (1,926 or 33 per cent of all branches), followed by Victoria (1,398 or 24 per cent) and Queensland (1,242 or 21 per cent). The Northern Territory had the fewest branches (69 or one per cent).
The ADI Points of Presence publication is available to download.
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The Australian Prudential Regulation Authority (APRA) is the prudential regulator of the financial services industry. It oversees banks, mutuals, general insurance and reinsurance companies, life insurance, private health insurers, friendly societies, and most members of the superannuation industry. APRA currently supervises institutions holding around $9 trillion in assets for Australian depositors, policyholders and superannuation fund members.