Bank Premium at Record as Loan Margin Squeezed: Australia Credit

May 3, 2012 | Posted by: roboblogger | Full story: The Washington Post

Australian bank bondholders are demanding record yield premiums relative to non-financial debt as lending profitability wanes amid the slowest credit growth in three decades.

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1 - 9 of 9 Comments Last updated Mar 27, 2013
LOAN TESTIMONY

Accra, Ghana

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#1
May 14, 2012
 
Hello
I am Mrs Rehana Smith by name,i live in France,i have two children a boy and a girl.When i was trying to get a loan to arrange my life and to start a business i was scammed 3times by different fake lenders in different countries and in this process i lost a lot of money,i have no hope anymore in life.Until God Almighty finally sent a messiah to me who helped me to clear all my financial mess and distress,he is a God fearing legitimate lender,i saw your email address on the financial basic site and really felt that you need some little advise and direction,so i decided to help you so that you can be happy the way i am today with my family.You can email him by this email address: erivanloancompany@yahoo.com It just an advise from me and God bless you.
NELDER LOAN COMPANY

Ghana

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#4
Sep 11, 2012
 
ATTN ,

I am a private investor i give out secured guarantee loans to
Business Men and women who are into Business transaction,automobile
purchase, house purchase loan and other personal loans E.T.C. we give out
long term loan for five to fifty years maximum with 3% interest rate. In
this you can as well tell us the amount you need so that will can send
you the terms and condition that is if you are really interested in
getting a loan from us, Loans are given out in Euros, pounds and United
States Dollar the maximum I give is $20,000,000 USD and the
minimum $5,000 USD.
I also render Collateral And Non- Collateral Loans For Your Business
Start up.
If interested contact us Now @:( NELDALOAN@YAHOO.NL)

“Tilt my hat at the sun”

Since: Jun 12

And the shadows they burn dark

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#5
Sep 11, 2012
 
No worries, I'll have a million dollars thanks.
I'll pay you any fees etc. after you deposit the money & it clears.
MY LOAN TESTIMONY

Accra, Ghana

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#7
Sep 26, 2012
 
I am Mrs.Caroline Kaith from United State of America, God has bless me with two kids and a loving husband, I promise to share this Testimony because of God favor in my life,2months ago I was in desperate need of money so I thought of having a loan then I ran into wrong hands who claimed to be a loan lender not knowing he was a scam. he collected 2,000USD from me and refuse to email me since. then I was confuse, but God came to my rescue, one faithful day I went to church after the service I share idea with a friend and she introduce me to KATHERINE LOAN FIRM, she said she was given 50,000USD by KATHERINE , THE MANAGING DIRECTOR OF KATHERINE LOAN FIRM. so I collected her email Address ,she told me the rules and regulation and I followed, then after processing of the Documents he gave me my loan of 30,000POUNDS .you can contact him on via email(katherineloanfirm@gmail. com ) I am sure he will help you.

“Fair & Balanced”

Since: Jul 12

wherever there's a mine

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#8
Sep 26, 2012
 
Hello
I am Mr Ben Dover from Uranus. God made me an Atheist but Muhammad made me a paedophile and told me to share this testimony. The Ghana Monkeys can lend you up to 20 million rupee for a small admin fee of 30,000 Kina. They are very trustworthy so trust them and they never tell truth about lies. email now to get your money.
Phill Macrack-in

Brisbane, Australia

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#9
Sep 26, 2012
 
chefboy812 wrote:
Hello
I am Mr Ben Dover from Uranus. God made me an Atheist but Muhammad made me a paedophile and told me to share this testimony. The Ghana Monkeys can lend you up to 20 million rupee for a small admin fee of 30,000 Kina. They are very trustworthy so trust them and they never tell truth about lies. email now to get your money.
Hi Ben,very impressed with your story.Interested in forming a partnership?.....Ben Dover & Phill Macrack-in.

“Reverse mortgage loan Texas”

Since: Sep 12

Kingwood, TX

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#11
Oct 9, 2012
 
Australian bank bondholders are demanding record yield premiums relative to non-financial debt as lending profitability wanes amid the slowest credit growth in three decades.

Australian financial bonds yielded 308 basis points, or 3.08 percentage points, more than government debt on May 1 compared with the 257 basis-point spread for industrial company notes, Bank of America Merrill Lynch indexes show. The 51 basis- point premium is the widest on record. Globally, spreads on bank securities were 105 basis points wider than on non-financial bonds, compared with a 171 basis point premium on Dec. 31, the indexes show.

Westpac Banking Corp.(WBC) and Australia & New Zealand Banking Group Ltd.(ANZ) say returns on loans are dropping as competition for deposits and Europe’s debt crisis drive up funding costs while home owners increase borrowing at 5.3 percent a year, the slowest pace since records began in 1977. National Australia Bank Ltd.(NAB) and Commonwealth Bank of Australia (CBA) this week withheld part of the central bank’s half-percentage point interest-rate cut to improve margins, drawing fire from Treasurer Wayne Swan, who said the move was “an insult to hardworking Australians.”

“Australian banks have suffered from guilt-by-association to the broader global banking sector, and their bond spreads have not been immune,” said John Manning, Sydney-based senior investment manager at Aberdeen Asset Management Ltd., which manages A$14 billion ($14.4 billion) of fixed income assets.“Intense competition for bank deposits domestically has hurt net-interest margins.”
lorenzo

Uniontown, PA

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#17
Jan 21, 2013
 
Our company is an endorsed mandate of some investors from Arabian Origin with lots of funds. We can

deliver bank papers/Instruments (BG/SBLC/MTN) without an upfront Wire Transfer into provider's account.

We only want clients with ready funds for successful closure of the transaction and also they must be

ready to show the proof of his funds. Interested clients should send an email to

fundinvesmtents55@gmail.com ASAP as we have a lot of interested clients on our table. We don’t

appreciate a long broker chains.

Regards,
Moroni Lorenzo
Skype:lorenzo.moroni92
Mrs Bint chin

Ghana

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#29
Mar 27, 2013
 
I am Mrs Bint Chin, currently living in New jersey city,USA.I am a widow at the moment with three kids and i was stuck in a financial situation in may 2012 and i needed to refinance and pay my bills. I tried seeking loans from various loan firms both private and corporate but never with success,and most banks declined my credit. But as God would have it, I was introduced to a woman of God a private loan lender who gave me a loan of $85,000USD and today am a business owner and my kids are doing well at the moment, if you must contact any firm with reference to securing a loan without collateral , no credit check, no co signer with just 3% interest rate and better repayment plans and schedule,please contact Mrs Katherine Bruce .sHe doesn’t know that am doing this but am so happy now and i decided to let people know more about her and also i want God to bless her more.You can contact her through his email: katherineloanfirm@gmail.com

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