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Bankwest exits business banking
by Reporter • 18 Feb 2022
The CBA-owned bank will shift to solely operating in retail, with all business customers to be transferred to its...
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Revolut secures ACL ahead of loan product roll-out
by reporter • 18 Feb 2022
The fintech has been granted an Australian Credit Licence by ASIC to offer credit and personal lending products to the...
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Adelaide Bank takes new approach for loan variations
by • 18 Feb 2022
The non-major bank has adopted an electronic loan variation tool, shifting to an offering provided by NextGen.
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Prospa originations leap by 75%
by Sarah Simpkins • 17 Feb 2022
The non-bank lender recorded $315.1 million in new loans over the six months to December, up 75 per cent year-on-year.
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Brighten hires national sales manager
by Sarah Simpkins • 16 Feb 2022
The non-bank lender has recruited from La Trobe Financial for its new national sales manager.
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AFG Securities prices $450m RMBS
by • 16 Feb 2022
Australian Finance Group’s lending division AFG Securities has priced a $450 million non-conforming residential...
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Moneytech welcomes 3 new execs
by • 14 Feb 2022
The business finance lender has expanded its executive team with the appointment of three senior leaders – Lee...
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ANZ streamlines SME refinancing process
by • 11 Feb 2022
The changes aim to accelerate the refinancing process to a point that, ANZ claims, could see approvals within days.
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Major bank offers mortgagors new repayment management tool
by reporter • 11 Feb 2022
Home loan customers using the big four bank’s app will be able to align their home loan repayments with salary...
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NAB lending volumes up $18bn in 1Q22
by • 11 Feb 2022
National Australia Bank saw loan volumes rise $18 billion in the three months to December 2021, supporting strong...
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