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Australia big four banks hold majority of loans in mortgages
CBA and Westpac have the largest proportion of mortgages relative to their gross loans.
The majority of loans held by Australia’s big four banks are in mortgages, according to a study by Moody’s Ratings.
Of the four banks, the Commonwealth Bank of Australia (CBA) and Westpac have the largest proportion of loans that are mortgages, at 70% each.
National Australia Bank has the least at 54% of loans; whilst ANZ has 60% in mortgages, according to Moody’s Ratings.
Overall, 64% of gross loans at the four large Australian banks are low-risk residential mortgages, Moody’s said.
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