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Australia’s big four banks have recorded steady – and remarkably similar – growth in their loan books during the past year.
The leader was ANZ, which grew its book by 7.1 per cent to $323.8 billion for the 12 months to 31 July 2014, according to the latest APRA data.
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Commonwealth Bank rose 7 per cent to $493.9 billion, Westpac climbed 7 per cent to $442.3 billion and NAB added 6.2 per cent to $373 billion.
Macquarie Bank, ME Bank and AMP Bank were the third-party lenders that recorded the biggest loan book increases.
Macquarie jumped 37.2 per cent to $24.5 billion, ME Bank rose 18.1 per cent to $11.7 billion and AMP Bank grew 9.4 per cent to $10.5 billion.
There were also gains for all the other leading third-party lenders.
Suncorp Bank climbed 4.4 per cent to $46.3 billion and ING DIRECT added 4.2 per cent to $41.6 billion.
Citigroup rose 4 per cent to $14 billion and Bank of Queensland increased 1.7 per cent to $29.2 billion.
[Related: APRA stats for 2013/2014]
