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MyState ends institutional component of capital raise

The non-major bank has announced the completion of the institutional component of its $80-million equity raising announced earlier in the week.

MyState ends institutional component of capital raise
BNK closes $13m raise

BNK Banking Corp has raised $13 million from institutional investors, with plans to support the growth of its loan book and to bolster its working capital.

BNK closes $13m raise
Former Westpac, Xinja exec joins ScotPac

Non-bank lender ScotPac has recruited a former Westpac and HSBC lead to fill its newly formed role of chief risk officer.

Charlotte Middleton
Pepper Money officially lists on ASX

The non-bank lender has officially been admitted to the official list of ASX Ltd, with trading commencing on a conditional and deferred basis under the code PPM.

Pepper Money officially lists on ASX
MyState eyes loan growth with $80m capital raise

The non-major bank said that it is aiming to raise up to $80 million to “rapidly” grow its loan book as well as business through the broker channel.

MyState eyes loan growth with $80m capital raise
Industry groups slam Victoria’s ‘budget repair’ plans

Industry bodies said the Victorian government’s moves to reduce its deficit is “premature”, and warned of the adverse effects of the new taxes on individuals and businesses.

Industry groups slam Victoria’s ‘budget repair’ plans
Home loans take precedence in Suncorp overhaul

Broker engagement, turnaround speed and streamlined lending processes are all being prioritised at Suncorp, as the bank swings for a larger slice of the mortgage market.

mortgagebusiness
BNK Bank forms alliance with Goldman Sachs

The listed group has announced that it has reached an in-principle agreement to partner with Goldman Sachs to originate, fund and securitise mortgages.

BNK Bank forms alliance with Goldman Sachs
Responsible lending top priority for 76% of consumers

Three-quarters of consumers have stated that dealing with a lender who ensures they can afford their loan is highly important, according to a new survey.

Responsible lending top priority
NHFIC provides $400m for Vic social housing

The national housing body has announced funding for loans and grants to provide social housing across Melbourne as part of a consortium.

NHFIC provides $400m for Vic social housing
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