Lender

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

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

The major bank has appointed a former Suncorp Group board member to its board, effective September 2021.

The major bank has said it has improved turnarounds, hired more staff, and updated its tech stack as part of its “refreshed” third-party banking strategy.

The non-bank lender has welcomed two new business development managers to its Victorian team and established a QLD commercial BDM.

The big four bank will buy back up to $1.5 billion of shares, suggesting it can look out for both shareholders and customers through the current lockdowns.

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The co-founder of mortgage aggregation group Finsure and a former managing director of the Australian Broadcasting Corporation have joined the board of BNK Banking Corporation.

The lender’s chief has flagged his departure from the company, after three years at the post.