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Lender
Aggregator acquires strategic interest in commercial lender
by Reporter • 19 Apr 2018
A major aggregator has entered into a binding agreement to make a strategic investment of 30.4 per cent (fully...
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Bank ‘forced’ to hike interest rates
by Reporter • 18 Apr 2018
A regional bank has said that it was forced to increase rates by up to 16 basis points this week in response to rising...
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Lending slows by 18% at regional bank
by Reporter • 17 Apr 2018
A non-major lender has reported an 18.3 per cent fall in lending growth over the past quarter and a dramatic slowdown...
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Online SME lending to hit $2bn by 2020
by Reporter • 17 Apr 2018
Online small business lending is growing by 79 per cent and could hit $2 billion by 2020, according to OnDeck.
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Major lenders produce broker interview guide
by Reporter • 16 Apr 2018
The big four banks have released a new interview guide for use by brokers when introducing loans to participating...
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Fintech lender provides over $300m in SME funding
by Reporter • 13 Apr 2018
An SME lender has announced that it has provided over $300 million in funding to small business borrowers.
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Westpac introduces stringent new expenses process
by Reporter • 12 Apr 2018
The Westpac Group has updated its credit policies so borrower expenses will need to be captured at an “itemised and...
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Heritage Bank stalwart to retire
by Reporter • 11 Apr 2018
Heritage Bank has revealed that its long-serving head of retail, Paul Francis, has announced his retirement.
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Major banks outline thoughts on flat-fee model
by Reporter • 10 Apr 2018
Several major banks have warned the royal commission of the “potential adverse consequences” of moving from the...
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Prospa announces new chairman and board members
by Reporter • 9 Apr 2018
The SME lender has announced the appointment of a new chairman and two new board members.
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