Which of the banks were they?
Was it for the purchase of a residential property? If so, 30% deposit is a huge ratio, usually only required for commercial property.
If this was the case, it clearly shows the bank's outlook on the direction and future of Australian property prices - providing a large buffer and protection to them from the plummeting house prices being experienced around the country.
I get the feeling the banks now they wished they were so prudent 18 months ago.
- Forums
- ASX - General
- wbc, cba, anz, nab?
Which of the banks were they?Was it for the purchase of a...
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online