Alex Thursby in the Media

"Banks are moving from the traditional sit-and-hold on the loan book"

Alex Thursby CEO of NBAD, Bloomberg, 12 May 2016

Bloomberg: Do we need to see a floor in oil at around $40-$45 per barrel to stop withdrawals of deposits?

Alex Thursby: I think the floor issue is really irrelevant: the cost of getting oil out of the ground from our part of the world is around US$6 to US$7 a barrel. Productivity of banks, diversification of revenues need to improve (...)

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