Australia: Big 4 banks slash lending to coal companies

Australia: Big 4 banks slash lending to coal companies Last Modified: 25-Jul-2017 2:51 AM
  • 4
    Big lenders to coal companies in Australia are: ANZ, Commonwealth Bank, Westpac and National Australia Bank.
  • $3.1 billion
    Lending by big 4 in 2015.
  • $1.4 billion
    Lending in 2016.
  • $99 million
    Lending in first half of 2017.
  • 0.16%
    ANZ's loan exposure to coal companies as a percentage of all loans. It has halved from $2.8 billion to $1.4 billion in the last three years.
Posted by Coal Numerical in Business & Industry
Tags Mining Coal Finance Banks Australia
Source The Age | Clancy Yeates