(Bloomberg) -- Ratings on Australian banks are
benefiting from low risks on residential mortgages and the
fastest economic growth in three years, according to Moody's
Investors Service.
The outlook for the country's banking system is stable, the
company said in a report today. Still, deteriorating asset
quality and increased competition may threaten that forecast.
Read more at Bloomberg Bonds News
benefiting from low risks on residential mortgages and the
fastest economic growth in three years, according to Moody's
Investors Service.
The outlook for the country's banking system is stable, the
company said in a report today. Still, deteriorating asset
quality and increased competition may threaten that forecast.
Read more at Bloomberg Bonds News
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