Actually there have been very few NEO bank failures in Australia as there have been few established. More have been bought by established banking institutions than folded or handed their licence back. Most bank failures in Australia have been traditional bricks and mortar institutions. The challenge at the moment for all start ups is liquidity and access to funding just as it is for most businesses in a rising interest rate environment. DYOR
NOV Price at posting:
17.5¢ Sentiment: Hold Disclosure: Held
