Aug 3 2021
The CEO of a customer-owned lender has warned that mutual banks that do not have scale and financial strength will be ‘unsustainable’ in future.
Aug 3 2021
Two more major banks have signalled both permanent and partial closures in their branch networks.
Aug 2 2021
There has been sustained robust growth in home lending driven by strong owner-occupied lending and faster growth in investor housing, according to data.
Aug 2 2021
The big four bank has signalled that it will buy back up to $2.5 million of its shares, deciding to shed surplus capital despite the ongoing COVID situation.
Jul 30 2021
A prime residential lender has announced the pricing of one of its largest prime residential mortgage-backed securities to date.
Jul 29 2021
The Commonwealth Bank has indicated that it will cut opening hours across 90 regional branches, with impacted staff to spend the rest of their working day giving remote customer support.
Jul 28 2021
Revolut has recruited from 86 400 and Citi for two senior additions to its local team, including a new head of lending.
Jul 28 2021
The RBA has stated that APRA succeeded in curtailing a drop in home lending standards by implementing macro-prudential policies between 2014 and 2018.
Jul 26 2021
The major bank has agreed to provide a sustainability-linked loan to a Queensland beef producer in a “first” for the agriculture industry.
Jul 23 2021
The major bank has appointed a former Suncorp Group board member to its board, effective September 2021.
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