Tag: banks

Independent research firm finds CommBank takes the lead, delivering impressive digital experiences and excelling at UX and functionality

“Ai Group strongly welcomes the initiatives taken by the Prime Minister and the Government, particularly their backing of small business, and the welcome support of credit and cut in interest rates by the Reserve Bank,” Innes Willox, Chief Executive of the national employer association Ai…

In what is a concerning and confusing time for many Australians, Commonwealth Bank is launching a mass coronavirus communication campaign from today (March 26 2020), across all mainstream and social media channels, to help customers access the support and information they need.

Citi Australia has grown its Retail Banking team with two key appointments: Peter Forrest; Head of Banking Products, and Keith Miranda; Head of Investment Partnerships.

“The initiative by the banks to assist small businesses though the current crisis is very welcome. Deferral of loan repayments for six months will give many businesses vital extra room to move,” Chief Executive of the national employer association Ai Group, Innes Willox, said.

AMP Bank will reduce interest rates across all variable rate home loans by 0.25% p.a. and is also reducing rates on a number of 3-year fixed rate offers.

ANZ announced it will decrease variable interest business loan rates across a range products by 0.25%pa, effective immediately.

Commonwealth Bank CEO Matt Comyn has outlined the range of measures and support available to customers and businesses in response to the spread of coronavirus (COVID-19).

Westpac has announced it will decrease variable interest rates by 0.25% per annum (p.a.) for home loan customers, as well as rates on small business cash-based loans and overdrafts.