Lender

The major bank is anticipating a drop in home lending growth next year but has reported home lending up 7.1 per cent end September.

Suncorp’s sale to ANZ would add to Australia’s banking “oligopoly”, Bendigo-Adelaide Bank has declared.

The non-bank lender has welcomed its first female board member to its ranks, as it farewells long-serving board member Andrew Kemp.

The non-major bank has reportedly recovered over $10 million from scammers over the last 12 months.

Westpac has recorded improved consumer and business loan books, its 2022 full year results have revealed.

A big four bank engaged in “unconscionable conduct” by charging customers periodic payment fees even though it knew it was overcharging, the Federal Court has found.

The regulator has granted a restricted ADI licence to a new bank for the Australian market.

The major bank has announced the retirement of Peter Marriott from the Westpac board at the end of the 2022 annual general meeting.

The RBA’s November cash-rate increase to 2.85 per cent is flowing through to more Australian bank interest rates this month.

The merger of two mutual lenders now only requires APRA approval to go ahead, after members gave the deal the green light.