ME Bank maintains high growth targets

Original article by Shaun Drummond
The Australian Financial Review – Page: 14 : 18-Mar-15

ME Bank boasted about 312,000 customers in July 2014, but it aims to lift this to one million by 2020. ME Bank has reported an underlying profit of $A29.1m for the first half of 2014-15, which is 14 per cent higher than previously, and it expects full-year profit to rise by 25 per cent to around $A60m. Home loan settlements rose by 41 per cent to $A2.4bn in the half-year, and its loan book rose by $A1.5bn to $A16.4bn

CORPORATES
MEMBERS EQUITY BANK PTY LTD, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY

Leave a comment