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Feb 26 2021
There was a 26 per cent rise in loans originated through the broker channel at the non-major bank as at 31 December 2020, according to its results.
Feb 26 2021
The non-bank has reported an 11 per cent growth in new loans written for 1HFY21, with the majority of these loans originated through the broker channel.
Feb 25 2021
The major brokerage has hired 148 new client service managers since October, as it works to bring in 250 new members to the network by September.
Feb 25 2021
Greater Bank has revealed that 75 per cent of its customers are now more than one month in advance on repayments.
Feb 25 2021
The former head of ME Bank’s mortgage lending division has joined the mutual bank in a newly created role.
Feb 24 2021
Lending fintech Symple Loans has closed a $15-million Series D funding round that aims to “accelerate its profitable growth strategy” and be used for “targeted investments”.
Feb 23 2021
Business credit demand has shown signs of recovery (driven by asset finance) as extended restrictions were lifted in Victoria, new research has shown.
Feb 22 2021
A Queensland-based lender is to acquire the super fund-owned lender ME Bank, as the two banks look to challenge the dominance of the big four.
Feb 22 2021
Senate hearings into the repeal of responsible lending laws began on Friday, with concerns raised over the ramifications of removing ASIC’s oversight.
Feb 22 2021
The Tasmanian lender has reported growth in applications and settlements in the six months to December 2020, reflecting a continuing market trend.
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