Lender

The proportion of Australian fintechs focusing on lending has grown to 29 per cent of all fintechs, up from 21 per cent last year.

The non-bank lender has recommenced offering prime home loan products to borrowers with a 90 per cent LVR.

Refinancing settlements for the first nine months of the calendar year 2020 are up 27 per cent on last year’s volumes, having peaked in June, according to new data.

The Tasmanian-based lender has seen a 43 per cent rise in settlements in the first quarter of the financial year, driven by strong demand from first home buyers and refinancers.

The non-bank lender has priced a securitisation valued at over $1 billion, in what constitutes three securitisations in four months.

The major bank has hired internally to fill the position of head of corporate finance, international, a newly created role overseeing the corporate finance unit.

The ASX-listed bank has reported strong third-party-driven loan book growth over the first few months of the new financial year.

The non-bank lender has announced residential mortgage rates cuts of up to 30 bps.

Banks have approved $41 billion in loans for SMEs, while about 70 per cent of SME loan applications received the green light, ABA figures showed.