June 11, 2020 / 1:24 AM / a month ago

BRIEF-Moody's Says Australia's Policy Response To Coronavirus Lowers Banks' Funding, Liquidity Risks

June 10 (Reuters) - Moody’s:

* MOODY’S SAYS AUSTRALIA’S POLICY RESPONSE TO CORONAVIRUS LOWERS BANKS’ FUNDING AND LIQUIDITY RISKS

* MOODY’S SAYS AUSTRALIA’S FISCAL AND MONETARY MEASURES HAVE BOOSTED DEPOSITS AND SLOWED CREDIT GROWTH

* MOODY'S SAYS AUSTRALIA'S POLICY RESPONSES TO CORONAVIRUS HAVE PROVIDED FISCAL STIMULUS TO ECONOMY, IMPROVED FINANCIAL STABILITY IN BANKING SYSTEM Source: bit.ly/2XRGBXl

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