Moody's Downgrades Bendigo and BOQ, Upgrades Two Banks
Last edited 08/03/2024 - 09:39 by 1 other user
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debt to Baa2
black sheep
With such a negative attitude, no wonder they are named Moody’s
"The downgrade is not related to any change
in BOQ’s capital and financial resilience which remain strong. "The downgrade of one notch was in only one of the 4 categories rated - the other three rating scored an increase.
Any bargains
more interest for kids
A massive banking collapse is about to happen, buy crypto! /s
Bendigo bank share price went up, so sadly not one there.
any cash back deals?
Perils of credit card churning.
Thanks, price beat with officeworks.
which stores have stock still?
Who here has got their debt / hybrids?
Cash on deposit long as you stay under the $250k you'll be fine. Unless the government gets a bit shaky then you might not want to put $250k in a single bank. Reference to Cyprus bank bail ins (where they got depositors with high balances to accept a loss on cash deposits)
Who has the right of way? No comprehensive insurance
Virgin Money just jumped near 35%
Albo rolls out a mattress…..What's the TLDR?
TLDR is the banks that yolo'd credit for mortgages but don't hold much funds have their risks turned up a notch.
that's hwhat you get for dropping interest rate on the future saver.
Thank you. I was hoping someone would post this so I didn't have to look it up.