Lender

Aug 21 2019

The major bank has released a quarterly ASX update, reporting a rise in arrears across its home loan portfolio.

Aug 19 2019

Treasurer Josh Frydenberg has withheld his approval for the acquisition of a Queensland-based lender, requesting further details before rubberstamping the takeover.

Aug 15 2019

The major bank has released a financial update for the third quarter of 2019, reporting a modest spike in its cash earnings despite a contraction in its mortgage portfolio.

Aug 15 2019

Xinja Bank has appointed a new chief technology officer to help spearhead its technological offering that it says will help deliver “hyper-personalised services for customers”.

Aug 14 2019

ANZ will maintain a conservative approach to mortgage lending until the industry receives further clarity from regulators, CEO Shayne Elliott has said.

Aug 13 2019

The fifth-largest retail bank has reported above-system growth in residential lending in FY19, but a decline in total profit, primarily due to remediation and redundancy costs.

Aug 12 2019

Approximately 400,000 NAB customers have been advised that they may be eligible to join a class action against the major bank for alleged mis-selling of credit insurance.   

Aug 9 2019

Changes to APRA’s home lending guidance will likely have a “rather modest” effect on credit growth and would only support customers looking to “borrow at the maximum”, the Commonwealth Bank ...

Aug 8 2019

The major bank has released its full-year financial results, reporting a $4-billion drop in its profits, slightly offset by above-system home lending growth.