Lender

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.

The central bank is expecting lenders to exhaust the $200 billion in low-cost funding offered via the term funding facility, helping to accelerate the recovery from the COVID-19 crisis.

The partnership will provide Afterpay customers with access to Westpac’s transaction and savings accounts, and cash flow management tools.

More than a third of investors would consider refinancing to a new lender to secure a slightly better rate, while the majority of investors used brokers to secure finance over the past year, ...

Moody’s has predicted a substantial rise in non-performing loans after the measure that allowed banks to treat loans subject to repayment deferrals as performing expires in March 2021.

The non-bank lender has announced its largest commercial mortgage-backed securitisation to date.

The major bank has announced that it is more than doubling the number of local business bankers in branches across Australia.