Powered by MOMENTUM MEDIA
realestatebusiness logo

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.

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.

Advertisement
Advertisement

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

Long-term borrowers are paying up to $70,000 more in repayments than first-time customers, according to new figures released by the broking ...

Settle Easy has updated its online platform to provide automatic updates to mortgage brokers and real estate agents during the conveyancing ...

The Reserve Bank of Australia has announced two heads of department as it promotes from within. ...

VIEW ALL

Join Australia's most informed brokers

Do you know which lenders are providing brokers and their customers with the best service?

Use this monthly data to make informed decisions about which lenders to use. Simply contribute to the survey and we'll send you the results directly to your inbox - completely free!

Do you think the new NSW property tax will help or hinder first home buyers?

Website Notifications

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