Australia

The bank’s parent company will also enjoy income growth from outside Australia.

The CEO remains confident despite regulatory risks.

The appointment follows Mason Stevens’ expansion plans.

Canadian businesses can create payouts to 150 countries.

Overall performance will be broadly similar to 2022, according to S&P Global Ratings

The MOU will see the three countries cooperate in financial innovation.

They have different business models from banks in US and Europe.

Asset quality pressures will remain contained.

The bank’s lending strategy focuses on the consumer finance market.

Many lenders have seen a sharp rise in prepayment rates.

Competition and higher cost of funding are likely to curtail some margin benefit, says S&P.

BEN saw its loan growth contract 1.1% in H2 2022.

And Apple may look into into customers’ spending history, device ownership for BNPL services

Housing risks lessen as local house prices continue its correction.

The multiple interest rate raises will begin to bite on issuers.

CBA, Westpac, and ANZ allegedly misled customers by selling or issuing policies of no value.