ANZ has issued an official statement covering their first quarter results, reporting an underlying profit after tax of $1.6 billion for the four months to end-January. This was a 16 percent increase in profit covering the bank’s first-quarter results, which was boosted by improved margins on its products. However earnings were lower than hoped due […]
After the recent turmoils in financial markets, small businesses are still feeling unloved by the big banks. So when it comes to securing a loan for that next equipment purchase, it is more important than ever to play the field. The margins on lending to small businesses have blown out in 2009. With the RBA’s […]
The effects of the global financial crisis are lifting, with the National Australia Bank posting unaudited cash earnings for the first quarter of approximately $1.1 billion, an increase of more than 20% on the fourth quarter of the 2009 financial year. In a further promising sign for the economy NAB’s charge for bad and doubtful […]
ANZ today launched its new Business Visa Debit card on its business transaction accounts. ANZ is the first major Australian bank to offer a Visa Debit card for business. The new card is available on the ANZ Business Classic, Business Extra and Negotiator accounts and will replace the current ANZ Access card for eligible customers. […]
The latest Bank of Queensland Straight Talk Survey has found that even in the internet age, customers are most likely to vote with their feet when confronted with poor service. “Eighty-four percent of those surveyed said they would simply take their business elsewhere when dissatisfied with customer service,” Bank of Queensland Group Executive Daniel Musson […]
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