Arab Today, arab today australian banking system remains strong
Last Updated : GMT 21:53:08
Arab Today, arab today
Arab Today, arab today

Australian banking system remains strong

Arab Today, arab today

Arab Today, arab today Australian banking system remains strong

Sydney - XINHUA

The Australian banking system remains in a relatively strong position despite the Europe crisis continuing to pose risks to global financial stability in the year ahead, said the Reserve Bank of Australia (RBA) in its biannual Financial Stability Review released on Tuesday. The Australian banking system remains well placed to cope with shocks from abroad as the country has a stable financial system, with robust financial, regulatory, supervisory and crisis management frameworks, according to the RBA. "The household and business sectors have continued to display a relatively prudent approach towards their finances in recent quarters," the RBA said. "Many households continue to prefer saving and paying down their existing debt more quickly than required, which has contributed to household credit growth being more in line with income growth in recent years." The RBA said the Europe crisis were still the major risk to the global economy. "Many of the underlying problems in the euro area are yet to be effectively resolved," it said. "Fiscal deficits remain large, many banks need to repair their balance sheets further, and the adverse feedback loop between sovereign and bank finances has yet to be broken."  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australian banking system remains strong Arab Today, arab today australian banking system remains strong

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australian banking system remains strong Arab Today, arab today australian banking system remains strong

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday