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Showing 451 - 460 of 478 results for "Australian Bank"

NAB says cash earnings down on first half

AAP  |  WEDNESDAY, 14 JUL 2004
National Australian Bank said today its cash earnings before significant items for the six months to 30 September are expected to be 10% to 15% lower than the first half result of $1.85 billion. Chief Executive John Stewart said the outlook reflects ...

Aust banks heading towards more challenging period: study

AAP  |  MONDAY, 12 JUL 2004
... international standards. \"Hence, there is some scope for a deterioration in bank lending volumes and asset quality before Australian bank ratings are affected,\" he said.

Aust banks amongst Asia Pacific region's top lenders

AAP  |  THURSDAY, 8 JUL 2004
Australian banks were among the top 10 lending institutions for project finance in Asia Pacific for the first six months of 2004 with much of the activity concentrated in Australia. Total loans for project finance for the period amounted to $US13 billion ...

Bank stocks plunge after US rate rise

AAP  |  FRIDAY, 2 JUL 2004
Bank stocks plunged yesterday after a rate rise in the United States stoked fears the same could follow here and curb the sector's growth. The previous night the US Federal Reserve lifted official interest rates by a quarter percent, the first increase ...

Fitch says housing downturn unlikely to hurt banks

AAP  |  THURSDAY, 1 JUL 2004
A special report from international ratings agency Fitch Ratings has found Australian banks have sufficient safeguards in place to ensure that a downturn in the residential property market would not translate into material loan losses. The agency said ...

Mariner launches 1st CDO fund with capital protection

... addition to similar investment vehicles, will be capital protected by being collateralized with a portfolio of Australian bank or semi-Government securities rated AA- or better. The FRNs will provide enhanced returns of up to 7.92% by carrying a coupon ...

Housing market slowdown arrives "with a vengeance": Westpac

AAP  |  WEDNESDAY, 7 APR 2004
The housing market slowdown has arrived "with a vengeance", Westpac Banking Corp chief executive David Morgan said yesterday. But he said interest rates were still set to rise because of strong economic conditions in Australia and abroad. "The long-awaited ...

NAB outlines board renewal program

AAP  |  WEDNESDAY, 7 APR 2004
National Australia Bank (NAB) chairman Graham Kraehe has said that two new appointments to the bank's board would be announced within months. The appointments would be part of a process of board renewal aimed at a "major culture change" at the bank ...

Banks face challenges: Fitch

AAP  |  WEDNESDAY, 14 JAN 2004
Fitch Ratings has said Australian banks face challenges in maintaining their recently strong financial performance as home lending and consumption are likely ease towards the end of 2004. In its annual review of the Australian banks, Fitch presents ...

QIC expands fixed interest offerings

... Interest Fund have been set at 0.7 to 1.0 percentage points above benchmark. The Cash Enhanced Fund aims to beat the Australian bank bill index by 0.4 of a percentage point or more, using a combination of active duration and credit risk strategies. QIC ...