Net interest income - revenue from borrowers after interest is paid to depositors - rose 6 per cent to $1.1 billion as net interest margins rose to 2.03 per cent from 1.99 per cent.
Deposits increased 1 per cent to $180.2 billion, with the mix shifting towards current and savings accounts.
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Did you see the huge amount of cash hoarding in the bank? Sooner or later these loss-averse savers are going to get out and move into the stock market in big way to become the next Greater Fools.
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Market Outlook (26/05/12): Selling Eases As Trader Sidelined For News!
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In last week, STI merely fell 6 points from the opening of 2779 and close
lower at 2773. A black candle sticks with long upper lower shadow affirms
that bu...
1 hour ago
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