Australian-owned Bank (494 items)

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Major banks outpaced on retail deposits

Research conducted by Mozo has identified sustained price leadership as the main driver of impressive deposit gains posted this year by a clutch of regional and customer-owned banks. The latest monthly banking statistics published by the Australian Prudential Regulation Authority show that non-major banks continued to win market share from the majors in retail deposits. read more

Restraint curbs business not investment lending

Bendigo and Adelaide Bank, and Suncorp Bank, are the only banks of note to have applied the brakes on mortgage lending over the months of April and May 2017, on the back of APRA's late March measures to curtail the supply in interest-only loans. It's on the business lending front that banks have pulled the leash. read more

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