Lender

Fast, paperless personal-loan application jump bodes well for the Defence Bank’s forthcoming home-loan foray.

EXCLUSIVE A report has found that bank customers are more satisfied with turnaround times than those who obtained a home loan through a mortgage broker.

Mortgage lender Better Choice has launched an enhanced range of commercial loan products in an effort to boost lending to the SME sector.

Oak Capital has recruited Troy Stratton as chief investment officer to facilitate the lender’s continued growth plans.

A report shows that while 94 per cent of Australian banks have a sustainability representative on the board, less than two-thirds are actively taking steps to create sustainable outcomes.

PEXA is taking its digital-settlements skill set into the UK market.

The proportion of loans with debt-to-income ratios of six times or more has fallen for the second quarter in a row, according to APRA.

Former Westpac institutional bank chief executive Lyn Cobley has joined the Commonwealth Bank of Australia’s board of directors.

Pepper Money’s Malcolm Withers has been named the new chief commercial officer of Prime Capital, succeeding Steve Sampson, who will become CEO.

The use of mortgage offset accounts has continued to rise according to recent Commonwealth Bank research.