Business
Judo Bank’s credit rating exposes model shortcomings – The Australian Financial Review
An investment grade rating will open doors for the SME specialist but it has also exposed weaknesses in the model.
Judos chief financial officer, Chris Bayliss, said the rating was an important step and opened up the banks deposit products to universities, churches and others with mandates that require an investment-grade rating.
We werent expecting to get an investment-grade…
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