User login

Google Friend Connect

loading...
Syndicate content
disruption

Big banks "to retain AA credit rating"

Article image
However, S&P also warned that the Australian banking system 's significant dependence on offshore wholesale borrowing was a key ratings weakness. S&P said big banks' access to term funding on offshore markets could be blocked if more disruptions in financial markets
Article image

Big banks "to retain AA credit rating"

Article image
AAP Australia's big four banks will retain their double-A long-term credit ratings following the federal government's decision to withdraw the wholesale funding guarantee, ratings agency Standard & Poor's (S&P) says. However, S&P also warned that the Australian banking system's
Article image