Powered by MOMENTUM MEDIA
Powered by MOMENTUM MEDIA
subscribe to our newsletter

Macquarie and ME Bank see greatest growth

Macquarie Bank and ME Bank have seen a significantly steeper increase in their loan books during the 2013/2014 financial year.

APRA figures released yesterday reveal that Macquarie Bank made the biggest move during the last financial year, with its loan book growing 37.8 per cent year-on-year to $24 billion.

ME Bank also enjoyed a strong year, jumping 17.3 per cent to $11.4 billion.

Advertisement
Advertisement

AMP Bank added 9.1 per cent to $10.3 billion, while Bendigo & Adelaide Bank rose 8.9 per cent to $42.9 billion.

ANZ climbed 7.5 per cent to $323.2 billion and Commonwealth Bank grew 7 per cent to $493.1 billion.

Westpac increased its loan book by 6.5 per cent to $440.4 billion, while NAB grew 5.7 per cent to $370.8 billion.

Suncorp Bank was up 5.4 per cent to $46.4 billion and Citigroup jumped 4.1 per cent to $14.1 billion.

ING DIRECT climbed 3.8 per cent to $41.3 billion and Bank of Queensland added 0.3 per cent to $29.2 billion.

Macquarie and ME Bank see greatest growth
mortgagebusiness

Latest News

A consultation has opened on extending BEAR obligations to all APRA-regulated entities, including insurers and superannuation entities, und...

The non-major has announced the appointment of a new CIO, just a day after appointing a new chair. ...

The non-major bank has appointed a new chief executive officer of HSBC Bank Australia Ltd, taking over from interim chief executive officer ...

FROM THE WEB
podcast

LATEST PODCAST: New government loans and grants for SMEs

Do you think Australia will move to quantitative easing this year?

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.