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Monday, 11 February 2019

Mortgage arrears benign

Bendigo reports little stress

Commonwealth Bank already reported benign mortgage arrears, with a slight uptick on interest-only loans.

Today, it was Bendigo Bank's (ASX: BEN) turn as reporting rumbles on, and residential arrears were very moderate. 


Source: ASX

Very little to report in terms of any mortgage stress.


Source: ASX

NIM -3bps, and earnings took a knock.


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