banks now centros best friends, page-5

the Banks are under more pressure to do everything to add value into CNP and let this happen.

thats a very good sign foe the recovery progress.

Centro's model incorporates a significant funds management and services business that contributed 42 per cent of first-half earnings before interest and tax (the contribution was just 26 per cent a year earlier).

More importantly, it is the "value-adding" component that supports the valuation of Centro that the banks require to get their money back.