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​Japanese bank deal ‘just a toe in the water’: Aussie CEO

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Australian Broker | 27 Nov 2013, 07:13 AM Agree 0
AMP's $500m deal with one of Japan's largest banks is a cautious entrance to the market from the overseas lender, say industry leaders.
  • no change | 27 Nov 2013, 09:37 AM Agree 0
    Japanese Banks giving the money to other existing funders, who wont alter their rates.

    Just like we explained to the public, who thought the advent of Japanese Banks was going to plummet interest rates.
  • mac | 27 Nov 2013, 12:55 PM Agree 0
    Sounds like Japanese banks looking for return on capital rather than entering the Aussie mortgage market itself.
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