Australia Banks - Negative Loan Growth Reaches August 2021 Levels

558 Views12 Apr 2024 00:27
Australia's domestic loan growth has just turned negative 2.2% in January 2024, the worst showing since August 2021, with negative implications for net interest income, and credit costs.
What is covered in the Full Insight:
  • Current snapshot of Australia's domestic credit growth
  • Implications of negative credit growth for banks
  • Link between rising NPLs and slowing credit growth
  • Potential increase in credit costs
  • Further risks in the banking industry
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Full Insight
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Daniel Tabbush
Research and consultancy
Tabbush Report
FinancialsEquity Bottom-UpThematic (Sector/Industry)