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iscover non-major banks
23 December 2021
Closing branches in regional areas will have a ‘disruptive’ impact on SMEs and cause a ‘ripple effect’ on communities, the small business ombudsman has warned.
25 August 2021
The commission is calling for submissions on how NAB’s proposed purchase of Citi’s Australian consumer bank would impact competition.
15 June 2021
AMP has confirmed when chief executive Francesco De Ferrari will step down and when his replacement will take the reins.
22 December 2021
The ABGF CEO and former NAB executive has joined the board of Bank Australia as an independent non-executive director.
15 November 2021
The lender has become the latest big four bank to increase its fixed interest rates.
27 October 2021
The prudential regulator is giving banks additional time to implement several prudential standards for market risk, in response to “industry feedback”.
22 July 2021
APRA has intended to change the definition of long-term interest-only home loans following industry feedback to proposed changes to its ADI capital framework.
1 December 2021
Higher risk lending could become less profitable for the banks, with new standards to require more capital set aside for interest-only and investor loans.
10 January 2022
The mutual bank’s chief is set to step down later this year to lead a federal government commission.
4 May 2021
A mutual bank has welcomed 3,000 new members after completing its merger with a credit co-operative.
24 August 2021
Teachers Mutual Bank Ltd has made two new appointments to its executive leadership team.
21 December 2021
A UK major bank has been granted a foreign banking licence to operate in Australia, with a Sydney branch set to open in April 2022.
23 June 2021
Fintech Frollo has added neobank Up to its open banking platform, with more consumer data holders expected to follow in the coming weeks.
3 December 2021
Beyond Bank has partnered with fintech Frollo, to use its open banking data-sharing platform.
4 November 2021
The credit union and bank have entered into merger discussions, looking to potentially form “one of Australia’s larger customer-owned banking organisations”.