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Article: Report shows halt to sliding margins.
- Article from:
- Australasian Business Intelligence
- Article date:
- November 4, 2009
CopyrightCOPYRIGHT 2009 News provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Matthew Drummond
Nov 04, 2009 (The Australian Financial Review - ABIX via COMTEX) -- A PricewaterhouseCoopers analysis indicates that the average net interest margins of Australia's major banks rose from 2.07% to 22.22% in 2008-09. It was the first rise in net interest margins recorded by the banking majors since 1995, and it has increased consumer groups' pressure on the Australian Government to boost ...
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