Sliding demand noted for business banking products

By Lorna Brett · 15 August 2011 · Economy

Sliding demand noted for business banking products

Business Banking Demand Takes a Sudden Hit

A significant drop in demand for business banking products has been reported across major commercial banks. But what's behind this sudden shift, and what does it mean for the economy?

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Summary

Demand for business banking products has dropped significantly over the past four months, with commercial banks including the Big Four local providers as well as regional and international banks all reporting a downturn in demand.

Tags: Anz, Business Banking, business banking products, Commonwealth Bank, East & Partners, East & Partners Advocacy Monitor, National Australia Bank, Westpac