07 May 2003 12:00am

Credit quality improved marginally overall, though the trend was adverse in St George's home loan book.

Home loans more than 90 days overdue kicked up to $75 million at March from $63 million in September. Total non accrual loans, including business and other consumer lending, fell to $63 million from $78 million.

He charge to the P&L for bad debts fell to $48 million from $53 million.