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CBA hikes floor rate, predicts 2022 rate rise

Mortgage Business CBA hikes floor rate, predicts 2022 rate rise By Malavika Santhebennur 24 June 2021 The big four bank has said that it has increased its serviceability floor rate to ensure it continues to lend responsibly, and has predicted that the cash rate will rise to 1.25 per cent by Q3 2023. The Commonwealth Bank of Australia (CBA) has i...
Malavika Santhebennur Shane Oliver Heritage Bank Pn Bank Australian Prudential Regulation Authority Commonwealth Bank

Commercialising open banking next priority: bank

Mortgage Business Commercialising open banking next priority: bank By Malavika Santhebennur 11 January 2021 Commercialising available data under the open banking regime and developing this into a compelling value proposition for customers will be the next battleground for lender, a bank CEO has said. Customer-owned lender Police & Nurses Ltd CEO...
Malavika Santhebennur Andrew Hadley Ptpn Group Police Nurses Ltd Nurses Ltd Consumer Data Right

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