AMMB exceeds target 20 February 2013 5:47PM AMMB Holdings, ANZ's Malaysian associate, said earnings rose 14 per cent to RM393.6 million in the December 2012 quarter from RM346.2 million, boosted by contributions from its acquisition of the Kurn.. read more
Status quo on Fitch ratings for majors 20 February 2013 5:40PM Fitch Ratings has affirmed the long-term ratings of Australia's four major banking groups at AA-. read more
Low-doc loans arrear on the high side 20 February 2013 5:38PM Moody's says arrears of 30 days or more on prime home loans in Australia increased to 1.44 per cent at the end of the December 2012 quarter. However, this is still lower than for the same period in.. read more
Bendigo optimistic about margins 19 February 2013 5:41PM Bendigo and Adelaide Bank's management is optimistic about its ability to maintain the improvement in margins experienced over the last half year. read more
Bendigo open to acquiring more debenture firms 19 February 2013 5:39PM Bendigo and Adelaide Bank says it is "prepared to engage" with other mortgage debenture firms should the boards of more struggling businesses seek an exit. read more
Sydney credit union merger voted down 19 February 2013 5:37PM Members of Manly Warringah Credit Union in Sydney have voted down a plan to merge with Sutherland Credit Union. read more
Economy drive works for ANZ 18 February 2013 5:55PM A cut in costs thanks to a savings drive is the main factor supporting a rise of six per cent in ANZ's cash profit, to A$1.53 billion, in the December 2012 quarter. read more
APRA cool on RMBS 18 February 2013 5:50PM Australian Prudential Regulation Authority chairman John Laker may not widen the definition of liquid assets to include mortgage-backed securities, as some in the industry hope. read more
epay stuck in reverse 15 February 2013 5:20PM Euronet's Australian payments business, epay, went backwards for the seventh successive quarter late last year. read more
Banks resume investment in private equity 15 February 2013 5:19PM Banks in Australia contributed a meagre A$158 million to private equity firms in the 2011/12 financial year, a survey by the Australian Bureau of Statistics has found. read more