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Appendix Competition in retail bankingDeloitte Access Economics
March 2014This report has been commissioned by the Australian Bankers Association to inform the
industries' consideration of issues.
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How to fill out competition in retail banking
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What is competition in retail banking?
Competition in retail banking refers to the rivalry among financial institutions to attract customers for their banking services and products.
Who is required to file competition in retail banking?
Financial institutions and banks are required to file competition reports in retail banking.
How to fill out competition in retail banking?
Competition reports in retail banking can be filled out electronically or through specific forms provided by regulatory authorities.
What is the purpose of competition in retail banking?
The purpose of competition in retail banking is to promote fair market practices, enhance customer choices, and improve quality of banking services.
What information must be reported on competition in retail banking?
Information such as market share, pricing strategies, customer acquisition and retention methods, and product offerings must be reported on competition in retail banking.
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