Get notifications in real-time for staying up to date with content that matters to you.
Elders Rural Bank has forecast further growth and a recovery in credit demand while other regional banks suffer under the pinch of the global financial crisis.
Improved loan processing within the bank and a flow through of interest income from a stronger loan book helped the lender post a net profit of $45.1 million or 10 per cent yesterday.
Loans under management stood at $3.679 billion, slightly higher than last year’s $3.650 billion. Net interest income was $500 million higher than the 2008 average, boosted by an increase in average loans and investments.
The financial services regulator is working on “alternative arr...
The number one magazine for mortgage brokers
The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Do you expect mortgage applications to increase or decrease over Summer?
