the digital bank announcement is the smoke and mirror, the market punished for NIM going backward and a down grade from just 2-3 months ago
this is a real concern for their banking division. The question is has they wrote a lot of bad loans in order to show lending book is growing?
their NIM is worse than BOQ and Suncorp, with this sort of margin it doesn't takes much for it to tip over if there is a rise in loan default.
the digital bank announcement is the smoke and mirror, the...
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