Regulatory changes boost RBA balance sheet

One of the notable points in the Reserve Bank of Australia's annual report, released yesterday, was that the Bank's balance sheet grew by around A$43 billion over 2013/14 to about $141 billion. read more

Payments trending towards fully electronic

According to the annual report of the RBA's Payments System Board, the increase in the use of electronic payment methods, including debit cards, credit cards and BPAY, is accelerating. read more

ANZ the top Aussie bank in loan league tables

In the Thomson Reuters Asia-Pacific (excluding Japan) mandated arranger league table for the nine months to the end of September 2014, the Industrial and Commercial Bank of China leapt three spots t.. read more

NAB to offload Great Western Bank via IPO

Late yesterday, Australian Eastern Standard Time, National Australia Bank announced plans to sell a minority stake in its US-based subsidiary Great Western Bank via an initial public offering in the U.. read more

ANZ gains Myanmar banking licence

ANZ said yesterday it had been awarded preliminary approval for a banking licence by the Central Bank of the Republic of the Union of Myanmar, allowing it to provide banking services to foreign compan.. read more

eBay to spin off PayPal

In a move expected to give PayPal extra financial firepower in the form of stock expected to trade at a much higher price-to-earnings ratio, the widespread payments provider will be spun off from eBay.. read more