New businesses operating in or on the fringes of financial services appear to have been more resilient than the average business during the era of the GFC, data on the entry and exit of businesses by industry suggests.The Australian Bureau of Statistics estimates 59 per cent of all firms operating in financial and insurance services that started trading in 2008, when the global financial crisis hit, were still in business in 2012. For financial corporations, which are defined more narrowly, the survival rate was 60 per cent.The economy-wide average was 51 per cent. Only the health care sector had a higher survival rate, at 64 per cent.The ABS estimates there were 162,000 financial corporations in business in 2012, a rise of 13 per cent over one year.