Lending growth slowed to a crawl at Suncorp Bank over the March 2023 quarter, with the bank ceding recent gains in market share. A slowdown in lending growth in the March quarter has been a common theme, but is more pronounced at Suncorp. In its pillar 3 report for the quarter Suncorp Bank said growth in its home lending portfolio “moderated” to 0.3 per cent, or 1.2 per cent annualised, which is less than one quarter of the system growth rate. APRA data shows Suncorp Bank’s market share has hovered in a range from 2.4 per cent to 2.5 per cent over the last three years. The bank’s deposit share is 2.6 per cent. Suncorp Bank and its suitor, ANZ, are now counting down the weeks until the ACCC is due to rule on whether it will authorise this bank merger. Under a revised timeline, this decision is due by 28 July.