Australian banks’ asset quality stable for now

10 June 2015

 

Moody's says that Australian banks reported exceptionally low credit costs over the six months to 31 March 2015. The rating agency identifies some potential headwinds to asset quality, but expects that in 2015 they will continue be moderated by Australia's record low interest rates. Looking further ahead, bank credit profiles will be supported by likely improvements in their capitalisation. "We expect some moderate pressure on asset quality due to the...

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