Wednesday, December 13, 2017

Tighter bank rules, buyers giving up on houses, boost non-bank sector

Banks taking a harder line on loans have boosted credit unions, finance companies and other non-bank lenders this year. KPMG's latest non-bank financial institutions performance survey shows a 10.2 per cent increase in net profit for the sector this year, to $216.67 million. Loans increased 13.92 per ...
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