Lender

May 14 2019

The branch network continues to play a “critical” role in distributing home loans and gathering deposits, Commonwealth Bank chief executive Matt Comyn has said, in response to reports that ...

May 9 2019

The non-major bank’s home loan portfolio has contracted over the past quarter, continuing a trend of slower mortgage growth.  

May 9 2019

The property services firm has announced that it has secured $10 million in capital to fund its commercial lending activities.

May 8 2019

The big four banks have collectively reported a 12 per cent hit to their underlying profits, with “headwinds” expected to persist amid continued weakness in the credit space, according to an ...

May 7 2019

Interest rates are “not the problem”, Westpac CEO Brian Hartzer has said, calling for a holistic regulatory approach to subdued market conditions, amid a 24 per cent slide in the group’s ...

May 3 2019

The big four bank has slashed its dividend to shield its bottom line from further customer-related remediation charges associated with the banking royal commission.  

May 2 2019

The major bank has reported a $10 billion drop in home loan volumes over the past six months, which CEO Shayne Elliott said was driven by both “conscious” decisions and “clumsy” mistakes

May 2 2019

The prudential regulator has released a letter addressed to non-bank lenders proposing changes to the data collection regime.

May 1 2019

An overwhelming majority of bank members have voted in support of a non-bank’s proposal to acquire another lender.