Lender

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.

NAB has announced that it will open a new waitlist for the FHLDS New Home Guarantee and start accepting conditional approval applications from Wednesday of this week.

The industry body has announced that AMP Australia’s acting CEO will join its board as a director.

Almost half of deferred mortgage loan borrowers are back to making regular loan repayments as of last week, according to the ABA.

The banking and wealth giant has appointed a new chief executive to lead its New Zealand division.

Westpac is set to consolidate a number of its international operations in a bid to simplify its operations and improve capital efficiency.

The non-bank lender has recruited a former Westpac banking executive to fill its newly created role of national manager, sales and strategic partnerships.

Total funds invested or committed by the Structured Finance Support Fund have exceeded $3.5 billion as at September.