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Bank ups commissions by 10pc

by Staff Reporter8 minute read
The Adviser

Jessica Darnbrough

Bankwest has announced it will increase its commercial upfront commissions by 10 per cent on all business settled before 30 June.

Bankwest head of business broker sales Aaron Milburn said the lender had recently been given the opportunity to engage with its brokers and understand what they want from their bank at its national roadshows.

“The increase in commission is our way of reinforcing our commitment to our loyal commercial brokers and shows that we have listened to what brokers want and we are delivering on it,” Mr Milburn said.

“We expect that this competitive increase in commission will give the brokers we work with an extra incentive to secure more deals and grow their business in the lead up to the end of the financial year.

“We work very closely with our broker network and one of our main priorities is to deliver on our commitments and proactively manage our commercial broker relationships to deliver the best deals to our business customers.”

The offer of an additional ten per cent upfront commission is for business loans settling between Monday 21st March 2011 and June 30th 2011.

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