Fitch Ratings says Australia's banks' results show resilience ...Middle East

Fitch Ratings' says Australia's banks' results show resilience and support their current ratings. In brief:

expect earnings headwinds to continue for Australian banks in 2025earnings are likely to be broadly stablenet interest margins (NIM) are likely to contract further in 2025 and 2026 as interest rates are cut .. the impact should be limited ... competition is also likely to weigh on NIMsasset quality showed signs of stabilising in 1HFY25prudent capital positioning amid heightened global uncertaintyfunding metrics broadly stableliquidity levels remained strong, further cushioning against global economic uncertainties This article was written by Eamonn Sheridan at www.forexlive.com.

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