Lender

NAB secures $3bn in capital

by Hannah Dowling • 29 Apr 2020

The major bank has successfully secured $3 billion in capital from domestic and overseas investors in a share placement... READ MORE

by Charbel Kadib • 28 Apr 2020

A home lending portfolio contraction has been overshadowed by a 156.8 per cent spike in NAB’s credit impairment costs... READ MORE

by Reporter • 27 Apr 2020

The lender has launched a new digital verification tool for brokers in response to social distancing measures aimed at... READ MORE

by Annie Kane • 23 Apr 2020

The Prime Minister has called on banks to “step up to the mark” and reduce the lags in processing and offering... READ MORE

by Hannah Dowling • 22 Apr 2020

The major bank has announced new, compulsory measures for brokers to meet identity verification requirements during the... READ MORE

by Reporter • 22 Apr 2020

The major bank has introduced a number of changes to its home loan settlement process, which includes the introduction... READ MORE

by Charbel Kadib • 21 Apr 2020

The major bank has introduced new requirements for serviceability assessments in lieu of the current virus-induced... READ MORE

by reporter • 21 Apr 2020

Brokers will need to submit a new COVID-19 form for all new mortgage applications and applications in progress, as part... READ MORE

by Annie Kane • 20 Apr 2020

The big four bank will automatically move mortgage customers to minimum P&I repayments next week to provide... READ MORE

by Charbel Kadib • 20 Apr 2020

A mutual bank has revised its constitution to broaden its membership criteria and allow a larger pool of borrowers to... READ MORE