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ANZ turnaround times fastest in 2 years

by Malavika Santhebennur4 minute read
ANZ turnaround times fastest in 2 years

The major bank’s turnaround times returned to single digits for the first time since March 2020 at nine days in April 2022, new data has revealed.

According to the latest findings of the monthly Broker Pulse survey from Momentum Intelligence, ANZ’s turnaround times (time taken to reach an initial credit decision) sped up to their fastest level since April 2020 when they were at 10 days (before surging to 22 days in May 2020).

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Malavika Santhebennur

Malavika Santhebennur

AUTHOR

Malavika Santhebennur is a content specialist at Momentum Media, focusing on mortgages and finance writing.

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