BNK BANKING CORPORATION LIMITED - ASX Briefs

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BNK BANKING CORPORATION LIMITED (ASX: BBC)

BBC: BNK Trading Update 3Q23

BNK BANKING CORPORATION LIMITED

Total deposits increased by 65% from Q3 FY22 to a record high of $1.37bn.
Loan book now totals $1.3bn, reflecting continued momentum in BNK's direct loan book and Bendigo and Adelaide Bank's warehouse.
BNK remains well-capitalized with a capital adequacy ratio of 23.1% at March 2023.

2023-04-28 08:15:00

BBC: BNK to purchase $150m loan portfolio from Goldman Sachs

BNK BANKING CORPORATION LIMITED

BNK buys $A150 million worth of high-margin residential mortgages from a Goldman Sachs warehouse.
The acquisition increases BNK's loan book by 13% and supports targeted 2.0% NIM in the medium term.
BNK established an uncommitted $A500 million specialist residential securitisation warehouse with Goldman Sachs in 2021.

2023-03-23 11:12:00