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RHG attracted no real bids for the remnants of its declining home loan business, the firm advised the ASX yesterday. But it will still proceed with its planned distribution of capital to investors. read more

The pace of deposit growth at banks picked up in late 2010, a result perhaps of fading demand for credit, as well as efforts across the sector to increase the level of funding from this source. read more

National Australia Bank reported above-system growth in business loans and home loans across 2010, the only one of the four major banks to do so, monthly data from APRA shows. read more

Business credit continues to decline. It fell 0.3 per cent in December 2010, following a fall of 0.1 per cent in November, the RBA said in its monthly financial aggregates published yesterday. read more

National Australia Bank lost internet banking early yesterday, with one early report putting the blame on log-in problems. read more

Commonwealth Bank will look for reputational and marketing returns from its decision to allocate A$50 million to a "compassionate fund" which will make partial insurance payouts to CommInsure custom.. read more

IMB reported a mild improvement in profit in the December 2010 half year, a period in which a willingness to lend to customers was offset by customer efforts to build savings. read more

Impaired loans at Bank of Queensland climbed by A$100 million, or 70 per cent, over the three months to November 2010, the quarterly disclosure document from the bank shows. read more

It has taken National Australia bank nine weeks to sort out the payment processing mess that dogged the bank in late November 2010. read more

In 2009, ANZ management flirted with the type of conduct the ACCC considers a more stringent law on price signalling would apply to, competition watchdog chair Graeme Samuel told the Senate's econom.. read more