The Hongkong and Shanghai Banking Corporation Ltd, via its Sydney branch (rated Aa2 by Moody's and AA- by S&P), has priced a new A$750 million three-year senior unsecured floating rate note benchmark at a spread of 70 basis points over 3-month BBSW, with a cash price of 100.00. Initial settlement date will be 9 June 2017, with final maturity date of 9 June 2020. ANZ, HSBC, and NAB are joint lead managers. Credi, a loan management system for "the informal lending market", was launched in April, essentially to organise loans between friends and family. Research carried out on behalf of Credi by RMIT University shows that the Australian public lend in excess of A$1.65 billion each year in unprotected, informal loans; and credit from family and friends is the second most common form of credit in the US. CEO Tim Dean said that since its launch Credi has documented over $10 million in loans, with another $7 million pending. A financial technology business, Credi is intended for individuals, but is planning a version that finance professionals - accountants, book keepers, and financial planners - can promote to their clients. Small digital creative agency With Collective has expanded into New Zealand and picked up ASB Bank as a foundation client, reports Ad News. With Collective won the account in a competitive pitch from Saatchi & Saatchi NZ. It encompasses direct, digital and data marketing services. "Our goal is to create and deliver personalised experiences for our customers, supported by data-driven insights and marketing optimisation. With all this in mind, we've been impressed with With Collective's strengths in data-led creativity and are looking forward to working with them locally," said Shane Evans, ASB general manager of marketing. Sydney-based independent agency The Hallway has been appointed to handle creative duties for ANZ Ban's cards team, media news service Mumbrella reports. The Hallway will work on the brand's digital and data-driven marketing for its Cards team. "They are working across the cards acquisition and customer management program, which included work such as the recent Westfield card promotion," an ANZ spokesperson told Mumbrella.