BBC – BNK Banking Corporation Ltd


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Total Analysts: 0

Company Profile

BNK Banking Corporation Limited is an Australia-based company, which provides retail banking, mortgage management and mortgage broker aggregation services. The Company operates through two business segments, Banking and Aggregation. The Banking segment refers to the provision of banking products and services such as loans and deposits under the Goldfields Money and Better Choice Home Loans brands. Its loans are originated via online applications and accredited brokers. And its deposits are originated through direct marketing efforts as well as through a number of third-party intermediaries. The Aggregation segment provides contracted administrative and infrastructure support to approximately 2,000 mortgage brokers, connecting them with a panel of approximately 65 lenders. The Aggregation segment is primarily branded as Finsure and LoanKit. The Company also offers savings accounts, term deposits, business accounts, insurance, and loan solutions.

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