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Some banks rise, some fall, new lending stats show

by Nick Bendel7 minute read

Two non-majors were the big movers in loan volumes in the past year, while each of the big four banks also grew its loan book.

APRA’s banking statistics for April showed that Macquarie Bank had $22.4 billion of loans on its books, an increase of 45.1 per cent on the previous year.

The other big mover was ME Bank, which jumped 24.9 per cent to $11.4 billion.

ANZ was the leading major, growing 7.9 per cent to $320 billion.

Commonwealth Bank rose 6.6 per cent to $483.9 billion, Westpac climbed 5.5 per cent to $432.5 billion and NAB added 5.1 per cent, up to $364 billion.

There were also increases for Bendigo & Adelaide Bank, which jumped 7.7 per cent to $42.1 billion; Citigroup, which rose 4.6 per cent to $14 billion; and ING DIRECT, which grew 0.7 per cent to $41.1 billion.

The loan books of three non-majors declined over the past year, with AMP Bank dropping 7.8 per cent to $9.9 billion; Suncorp Bank falling 1.3 per cent to $46.1 billion; and Bank of Queensland falling 0.6 per cent to $28.5 billion.

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