Lender

The big four bank has signalled that it will buy back up to $2.5 million of its shares, deciding to shed surplus capital despite the ongoing COVID situation.

A prime residential lender has announced the pricing of one of its largest prime residential mortgage-backed securities to date.

The Commonwealth Bank has indicated that it will cut opening hours across 90 regional branches, with impacted staff to spend the rest of their working day giving remote customer support.

Revolut has recruited from 86 400 and Citi for two senior additions to its local team, including a new head of lending.

The RBA has stated that APRA succeeded in curtailing a drop in home lending standards by implementing macro-prudential policies between 2014 and 2018.

CBA has made its green loans available to all eligible home loan customers nationally, and launched a sustainability hub.

Victoria led the rest of the country in housing finance commitments in May 2021, with values rising by over 100 per cent, according to a CBA report.

The major bank has agreed to provide a sustainability-linked loan to a Queensland beef producer in a “first” for the agriculture industry.

Refinancing has soared to near record highs across the eastern states amid low-interest rates and prospects of rate rises, according to PEXA research.

The non-bank lender has closed its first RMBS deal under the Bluestone Prime program, worth $700 million.