Foreign bank branches reported a second consecutive quarter of losses in the December 2008 quarter and incurred losses in aggregate over the course of the calendar year.Statistics on the profits and performance of foreign branches published each quarter by the Australian Prudential Regulation Authority is the only source of data on the sector. APRA published its quarterly bank performance data yesterday.The 35 foreign bank branches incurred an aggregate net loss for the December 2008 quarter of $669 million. The foreign banks incurred losses of $362 million in the September 2008 quarter.Over the 2008 year foreign bank branches incurred aggregate losses of $722 million.Presumably these losses are concentrated in banks such as Lloyds (which acquired the HBOS businesss), RBS and perhaps among those few foreign banks that made the decision to wind back their businesses in Australia such as Société Générale and Dexia. Foreign bank branches do not report individually and details of their Australian business rarely rate a mention in group financial statements.