Westpac chief says funding costs will continue to rise
November 6th, 2009
Westpac Banking Corporation chief executive Gail Kelly says the average cost of funding will continue to rise, putting pressure on Australia’s second biggest lender as it considers its lending rates.
Pressure would also come from higher deposit rates as the banks compete to keep customer savings, she said at a media conference on Wednesday, following Westpac’s [...]
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