WBC 0.98% $27.90 westpac banking corporation

Difficult to see growth in bank stks when credit growth rate at...

  1. DSD
    15,757 Posts.
    Difficult to see growth in bank stks when credit growth rate at a 18 year low and is only just above zero at 2.5%. It was 16% in 2008. If bad debts increase, then banks will find it very hard to maintain current earnings. Avoid/sell despite good divs is my take on banks.
 
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