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Bank of Queensland (ASX:BQG) cuts NIM guidance on business update
Latest Company News - Finance News Network
English - December 07, 2021 00:25 - 1000 KBBusiness News News Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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07 Dec 2021 - Bank of Queensland (ASX:BQG) cuts net interest margin guidance following a business performance update ahead of its annual general meeting. The bank expects a lower FY22 net interest margin than previously guided due to yield volatility, price competition and greater proportion of fixed rate mortgage lending across the industry.