Search: agency banking
RBA Glossary definition for agency banking
agency banking – Since 1 July 1999 all Australian Government departments and agencies have been responsible for their own individual banking arrangements. Under devolved banking arrangements, agencies are required to test the services previously provided by the Reserve Bank of Australia (RBA) against what is available from other financial institutions. However, the Australian Government's core account, the Official Public Account, remained with the RBA. A system sweeps balances of Australian Government departments and agencies from their transactional banker to the Official Public Account at the RBA each night.
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Sources of Variation in Banking Risk and Performance
31 Dec 2001
RDP
2001-06
Supply-side developments also influence banks' riskiness and performance. Chief among these factors are agency costs, the regulatory environment, the competitiveness of the banking market and incentives for herding behaviour amongst ... During the 1990s,
https://www.rba.gov.au/publications/rdp/2001/2001-06/sources-of-variation-in-banking-risk-and-performance.html
References
31 Dec 2001
RDP
2001-06
Basel Committee on Banking Supervision (2000), Industry Views on Credit Risk Mitigation, Basel, January, available at <http://www.bis.org/publ/index.htm>. ... Cole R and J Gunther (1995), ‘Separating the Likelihood and Timing of Bank Failure’,
https://www.rba.gov.au/publications/rdp/2001/2001-06/references.html