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Commercial property the bigger risk to banks: Fitch Ratings

Finance Markets / Latest Activity

Australia

May 17 2017

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Clancy Yeates, The Sydney Morning Herald

Losses on commercial real estate loans pose a more immediate risk to Australia's banks than developments in the housing market, where regulators are putting the brakes on riskier lending, Fitch Ratings says.

However, foreign banks are more likely than the local lenders to feel the pain if there is a sharp increase in buyers who cannot settle their off-the-plan purchases.

Go to The Sydney Morning Herald and read the full story.

SOURCE: The Sydney Morning Herald

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