Westpac raises fixed home loan rateJacob Greber
Out of the top four lenders, Commonwealth Bank of Australia , ANZ group Holdings and National Australia Bank said their rate hikes would formalize by June 16, while Westpac Banking Corp will hike its rates from June 20. (Reporting by Echha Jain in Bengaluru; Editing b...
the total value of ANZ Bank's home loan lending rose to approximately 484 billion Australian dollars. The Australia and New Zealand (ANZ) Banking Group is one of Australia's big four banks in terms of market capitalization alongside the Commonwealth Bank of Australia (CBA), Westpac, and Nation...
Westpac has decided not to require lender's mortgage insurance (LMI) for mortgages to deposit 15% of the home loan. The Premier Advantage packaged loans of the company offers the option of borrowing up to 85% of the value of a property without LMI. The normal lending policy of ANZ allows...
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Westpac’s financing heats up NZ's largest solar project Chapman Tripp is pleased to have assisted Westpac New Zealand to finance New Zealand’s largest solar project to date – five solar farms, being developed by Lodestone Energy, and constructed in Dargaville, Kaitaia, Waiotahe Valley, Edgec...
The ANZ and Westpac have benefited the most from this growth, increasing their Australian credit card loans by 18 per cent and 20 per cent respectively. Personal loans (non credit card) have been reinvigorated by the recent interest rates cuts as well. But a slowdown in asset volumes is ...