Stash rate reset

Xinja Bank will bow to the inevitable and lower the interest rate on its Stash savings account to 1.8 per cent, from 2.25 per cent, effective May 11. read more

All banks. All asset classes

A smart move by artisans of the craft, the soon to be in place forbearance SPV structure the ASF has put together for the industry shows the best of banking. read more

The SFSF forever

EPIC might as well be the name for the Special Purpose Vehicle banks are stringing together for the Structured Finance Support Fund. read more

Banks loosen up on credit

Banks are winding up lending and helping many who ask for a break from all loan commitments, or maybe the ABA is doing the numbers better than before. read more

Stash rush tests Xinja

Early adopters of Xinja Bank’s Stash account have continued to trust the bank, and make the most of the high yield still on offer for those customers that beat the “pause” imposed on new account openi.. read more