Business
COVID-19 is the best thing to happen to banks in a generation: Chanticleer – The Australian Financial Review
The pandemic allowed the banks to reset their reputation, capital positions and cost base, and created a surge in demand. But COVID-19 also leaves a big problem….
The pandemic has also reset the way banks deal with customers by entrenching digital banking across the community.
Asked for the post-COVID-19 trend thats surprised him most, ANZ boss Shayne Elliott said he was stunned to see downloads of ANZs banking app still rising at 15 per cent. That digitisation trend is just developing, Elliott says. Its really accelerating and it looks like its holding.
Perhaps most importantly, COVID-19 has also reset the economy quickly and relatively painlessly.
Powering…
-
General22 hours agoNRL live updates: Newcastle Knights vs Brisbane Broncos, Wests Tigers vs North Queensland Cowboys — blog, scores and stats
-
Noosa News20 hours agoRallies under way as nationwide support for Palestine surges
-
General17 hours agoThousands flood cities demanding action on Palestine
-
General23 hours agoFinnish performer crowned Air Guitar World Champion after 25-year drought