The Finance Owl

Banks – Loans – Mortgages – Money

Positive Outlook for Australian Banks?

Posted by admin February - 9 - 2010 - Tuesday

Anyone looking for positive signs in Australian banks might well feel a little flutter of excitement at the news that the Australian government intends to withdraw its guarantees for large deposits and wholesale funding carried out by commercial banks as well as state government borrowing. This comes directly from the advice of banking regulators who have advised the Australian government that such guarantees are not as necessary as they previously were.

Related: Commonwealth Bank Credit Cards, Commonwealth Bank Home Loans

Related posts:

Comments are closed.