question archive One of the Australian banks' major strengths has been a strong and robust loan book (i
One of the Australian banks' major strengths has been a strong and robust loan book (i
Subject:FinancePrice: Bought3
One of the Australian banks' major strengths has been a strong and robust loan book (i.e. low rate of loan default). Many commentators have suggested that the that low rate of loan default is due to the banks' conservative lending standards when making housing loans. Describe the four main elements of these standards.
