Lender

A major bank has opened applications for a $1,000 emergency grant to financially assist customers impacted by tropical cyclone Ilsa.

The competition watchdog is calling on banks and bank savers to submit their views on competition and issues affecting retail deposits, as part of its pricing inquiry.

BOQ Group reported its total housing portfolio grew by just $0.2 billion in 1H23 results, marking a more than $2 billion drop when compared with 1H22, as mortgage lending slows.

The non-major bank has released an update on its loan book growth for the first quarter of 2023.

NAB has opened up a range of financial support for customers who have been affected by tropical cyclone Ilsa in Western Australia.

The non-bank lender is ramping up to grow its alt doc and specialist products after successfully pricing a $1 billion non-conforming RMBS transaction.

Supermarket giant Coles has informed customers of its financial services business that their personal information may have been stolen as part of the Latitude Financial cyber attack.

The non-bank lender has launched a fixed-rate mortgage that enables borrowers to break their fixed term without penalty should interest rates drop.

Major lenders have once again taken market share from their non-major rivals, with more than 60 per cent of AFG mortgages lodged with the big four banks in 3Q23.

Major banks have announced financial support packages for customers and businesses who have been affected by tropical cyclone Ilsa.