AFG 2.22% $1.32 australian finance group ltd

I would be amazed if the local banks do not offer the...

  1. 119 Posts.
    I would be amazed if the local banks do not offer the extention.

    The banks have just had a massive cash incentive to support the economy and borrow funds again to each other and business.

    In addition the banks have been granted protection for people who use their low yield products with the governement providing a guarantee of capital , with the deposits paying around 5-6% , and their historical performance around 15% there is a big premium in the banks chest for supporting local loans , and business.

    For one to buck that and not to work together with AFG and CNP would surprise me , when you consider both are meeting payments and doing well in debt reduction wothout the huge costs and negativity of an administrator.
 
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