Liberty Financial Group Ltd Stapled (Ordinary Share,Unit)
LFG: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$1.70 | Yjkd | Lfscxvtn |
Liberty Financial Focuses on Borrowers Neglected by Major Banks
Business Strategy and Outlook
Liberty targets a broader customer base compared with conventional banks, including nonconforming borrowers who cannot meet the traditional standard lending criteria of Authorized Deposit-Taking Institutions, or ADIs. To compensate for the additional risks, either because of the loan type or borrower profile, Liberty charges higher interest rates.