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Banks have been in the firing line for some time regarding regulatory issues and concerns over credit provisioning. Is the outlook any brighter now?
-Banks should experience resilient returns from SME banking operations
-Yet returns are depressed as major banks are holding excess CET1 capital
-Capital management may still be on offer from all major banks
-Macro prudential policies likely first step for regulators to cool housing market
By Eva Brocklehurst
Australia s banking sector has been facing negative news for some time, provoked by several regulatory slap-downs and concerns over provisioning for the pandemic. Has the outlook improved?
Having sampled the small end of small-medium enterprises (SMEs) regarding attitudes towards merchant acquirers and banking partners, JPMorgan concludes there are some positive aspects emerging.