KM Financial Solutions | UPDATE 1-S&P says major Aussie banks not at risk of downgrade amid pandemic
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UPDATE 1-S&P says major Aussie banks not at risk of downgrade amid pandemic

UPDATE 1-S&P says major Aussie banks not at risk of downgrade amid pandemic

Major Australian banks can weather a
substantial rise in credit losses triggered by the coronavirus
outbreak while credit ratings of most banks in the country are
not at risk of a downgrade, ratings agency S&P Global said.

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