Tell me a responsible bank who publish such a statement to give all property developers 30 days to find other lenders? Sounds more like an excuse to get rid of one borrower rather than a message to all . Someone has misread the message and expanded it to mean everyone. It's total.bull imo as most banks have been avoiding this sector since 2013 and would hold very few of these types loans. Moreover the bank has been lending to second tier finance companies who will charge as high a rate as they can squeeze out of borrowers so westpac will still make money on lending albeit indirectly.
Tell me a responsible bank who publish such a statement to give...
Add WBC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$27.52 |
Change
-0.160(0.58%) |
Mkt cap ! $95.39B | |||
| Open | High | Low | Value | Volume |
| $27.54 | $27.59 | $27.42 | $128.8M | 4.682M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21391 | $27.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.53 | 15339 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| WBC (ASX) Chart |