in 2018 that enabled Australian neobanks to compete with established lenders also allowed them to lay strong foundations for growth in 2019. High-yield savings accounts were a key customer draw, and the neobanks' deposits skyrocketed as a result. But paying out this interest means high costs, which is no longer sustainable in the current environment.
Ongoing interest rate cuts are undermining one of neobanks' strongest selling points, which might make it necessary for them to boost offerings elsewhere. Multiple interest rate cuts could damage customers' enthusiasm for saving with neobanks given that high interest rates were previously their biggest draw.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
Singapore Airlines fine-dining restaurant inside aircraft sells out - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. why?
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Small Business Point-of-Sale Battle Report from Insider Intelligence - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
The Zebra expects $100 million annual run rate by the end of 2020 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
The consultants in high demand during the pandemic and their salaries - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. That's nice, well I'm lissa by name and I'm from New York city I'm a full time forex trader and I would love to introduce you to one of the world most benefits investment platform whereby you earn over 100$,2000$,250$,3000$ or 1000$, on a daily basis
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »
Virginia online registration goes down on deadline due to cut cable - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Still struggling with forex trading or becoming A Profitable trader? I can help you invest in forex, without sending money to anyone, No need to pay for Signals, learn how to invest and generate income all by yourself. Inbox me for more info.📈 Because of a Biden supporter * Fixed it Accidentally Twice? Under the same circumstances I hope there’s an investigation underway
출처: BusinessInsider - 🏆 729. / 51 더 많은 것을 읽으십시오 »