•    ME Bank has promoted from within, confirming Angela Middleton as its group executive for sales. She had been acting in the role after the departure of Ian Hendey. Since 2011 Middleton has held senior roles within ME Bank's sales area including general manager retail channels and GM service and sales, after moving to ME from NAB. According to a bank spokesman, Hendey resigned on 28 March after three and a half years' service. During his tenure he headed up ME's 'Brand and Product' and 'Sales' business units. •    ING Direct, looking to aggressively and quickly grow the size of its mortgage book while keeping its third party broker network on side, has launched "a promotional interest rate" of 4.63 per cent for new residential loans of $1 million or more with loan to valuation ratios of 80 per cent or less. The new offers follow other recent concessions made by the online bank to its arm's length brokers, such as reducing interest rates for loans of $250,000 and above and creating a new "LVR tier" for loan applications where the ratios are between 80 per cent and 90 per cent.