Westpac has highest loan standards
The big banks will raise their margins as their pricing power increases with the concentration of the marketplace since the onset of the global financial crisis. The earnings of all four big banks are holding up despite the economic downturn.
Non-performing loans are worst at ANZ which has reported 1.18 per cent of its loan book as impaired. NAB is second at 1.08 per cent. CBA's loan book is slightly better with 0.98 per cent non performing. Westpac has the best loan book with just 0.6 per cent non-performing.
Source: The Australian Financial Review