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CBA surges in Australian asset finance
Commbank.com.auCommonwealth Bank of Australia (CBA) is set to become the largest primary asset finance provider in the Australian market in 2023, having topped the share of finance for vehicles and equipment by small and medium sized businesses as well as commercial businesses, while significantly increasing its share with corporate customers.
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The banks are facing a loan default tsunami
Mon, September 28, 2020 Australia CBA ,Reserve Bank of Australia ,Debt ,Financial Results ,Interest Rates ,LendingMartin Smith at East and Partners says CBA has been on the front foot when it comes to the changes in responsible lending rules. But Smith says the RBA has nowhere left to move and may have to walk back its negative rates discourse.
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