Foreign banks' profits lower

Branches of foreign banks in Australia traded in the black in the September 2012 quarter, after incurring losses in the June quarter. read more

Real-time payment vision released

The banking industry jas sketched out its vision for the collaborative development of a payments platform that will foster the supply of a real-time payments service to most households and businesse.. read more

Race on to build real-time hub

The Australian Payments Clearing Association will undertake at least three significant tenders over coming months to source the skills and services needed to make its proposed clearing utility a rea.. read more

AMMB exceeds target

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

Low-doc loans arrear on the high side

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

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

Economy drive works for ANZ

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