Auswide Bank Ltd. engages in the provision of banking, finance products and services to retail customers with residential lending and retail deposits. The company is headquartered in Bundaberg, Queensland. Auswide provides home loans, consumer and credit card lending through its national online offering, branch, Private Bank and broker networks. The firm provides deposit, credit, insurance and banking services to personal and business customers across Australia, principally in Queensland, Sydney and Melbourne. The firm also offers personal loans, credit cards and business banking products and services. Auswide’s personal lending portfolio consists of secured and unsecured term loans and unsecured credit cards. Auswide provides business accounts, loans and overdrafts, term deposits, international and business support services. Auswide Bank offers a range of personal and business banking products and services through distribution strategy that includes branches, strategic relationships and online and digital channels.
Auswide Bank (ASX: ABA)
- Home
- Auswide Bank (ASX: ABA)
Here are the latest articles on Auswide Bank (ASX: ABA)
Auswide Bank profits dip with loan book stagnation, growth to come following MyState merger
August 26, 2024
While Australians have been increasingly frustrated by the Big Four banks and their inability to connect with customers, the trends have not played in the favour of minnow Auswide Bank (ASX: ABA) which has seen a dip in earnings, something that will be addressed through their proposed merger with fellow minnow MyState Bank (ASX: MYS).
Auswide Bank sees NPAT decline by over 45% in the face of tough competition
February 26, 2024
From being a building society—offering financial services like loans and mortgages—to being an Aussie-owned bank, Auswide Bank (ASX: ABA) hasn’t had an easy rise up to take on the Big Four with intense competition on the home loans and deposit fronts. Auswide Bank reported a 45.7% decrease in its Statutory NPAT to $7.6 million amidst
Recent Articles
