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Showing 61 - 70 of 111 results for "Credit growth"

NAB profits slump but wealth division prospers

MARK SMITH  |  WEDNESDAY, 31 OCT 2012
... he said. "This was despite a challenging operating environment characterised by higher funding costs and subdued credit growth across all markets, and particularly difficult economic conditions in the UK." The bank's wealth creation business, NAB Wealth ...

APRA issues final Basel III reforms

LINDA HAUSKEN  |  TUESDAY, 2 OCT 2012
... amount. In addition, banks will also face a countercyclical buffer of up to 2.5% that will apply when excessive credit growth and other indicators point to a system-wide build up of risk. Dr John Laker chairman of APRA said that the stronger Australian ...

YBR posts a $6.83m loss

LINDA HAUSKEN  |  THURSDAY, 6 SEP 2012
... branch network has grown and our product suite has expanded. "Despite challenging conditions, which included low credit growth, the YBR business has grown revenue strongly against this trend," it said. In FY 2013 the YBR said it will focus on revenue ...

Australia: all good and wishing for the worst

BENJAMIN ONG  |  THURSDAY, 6 SEP 2012
... that, "With a government forced to return to surplus to maintain its AAA rating and thus reduce stimulus spending, credit growth running at 35-year lows and decelerating, a slowdown and likely reversal in Terms of Trade from record high commodity prices ...

Customer owned bank attracts investors

MELANIE TIMBRELL  |  TUESDAY, 4 SEP 2012
... period "strong" noting the last financial year had been a challenging one for all banks in the context of lower credit growth and increased funding costs. "A continued focus on cost management and productivity allowed the Bank to deliver a NPAT of $27.02 ...

CBA posts good profits despite volatile markets

LINDA HAUSKEN  |  WEDNESDAY, 15 AUG 2012
... both our retail and corporate customers," said Ian Narev, chief executive of the CBA. "This translated into lower credit growth and greater pressure on market sensitive businesses. "In addition, higher funding costs have put pressure on margins as competition ...

Deposits the battleground for margins

LINDA HAUSKEN  |  THURSDAY, 17 MAY 2012
... ability to adapt to change amid ongoing volatile market conditions. "However, elevated funding costs and low levels of credit growth have put significant pressure on the profitability of their core business. Combined with sub-trend economic growth and ...

Insurance lapses impact on NAB Wealth results

BEN COLLINS  |  THURSDAY, 10 MAY 2012
... Officer. "This was despite a challenging operating environment characterised by higher funding costs and subdued credit growth across all markets, and particularly difficult economic conditions in the UK." Funds under management (FUM) increased by $4.589 ...

BEN announces solid results

ELISE BURGESS  |  MONDAY, 20 FEB 2012
... retail term deposits, senior unsecured and secured debt markets." "The contraction in margin, coupled with slowing credit growth and market sentiment moving investors away from higher margin wealth and equities products, has resulted in flat earnings," ...

The majority is wrong

BENJAMIN ONG  |  WEDNESDAY, 8 FEB 2012
... November and December rate reductions haven't been fully transmitted into the economic system as of yet." The RBA: "Credit growth remains modest, though there has been a slight increase in demand for credit by businesses. Housing prices showed some sign ...