Lender

The Australian fintech has announced the addition of a new senior BDM role devoted to the strategic direction of business development.

New figures have shown that COVID-19-related loan deferrals more than doubled between July and August, with the highest proportion in NSW.

The US payments giant has rolled out infrastructure allowing banks and lenders to offer buy now, pay later products across its network.

The non-bank lender intends to follow its inaugural RMBS issuance with more next year, given the ongoing demand from investors for these transactions.

Economists from NAB and Bluestone Home Loans have voiced surprise at the growing indications that lending curbs may soon be brought in.

Bank of Queensland has outlined its growth strategy for ME Bank’s home lending after its book was squeezed in the 2021 financial year.

OPINION: Debt-to-income ratio limits: do they help, or hinder? With the average property in Australian capital cities now over $700,000, limiting “high” DTI loans could put home ownership ...

The major bank has expanded its SME Recovery Loan Scheme offer to small businesses impacted by the pandemic, effective 1 October.

The major bank has once again extended its cashback and drawdown deadlines.

Treasurer Josh Frydenberg has backed the net-zero emissions by 2050 target, warning failure to comply will hurt banks’ access to capital and raise borrowing costs.