ANZ INVESTS $2 BILLION INTO SMALL BUSINESS

Written on the 3 March 2014

ANZ INVESTS $2 BILLION INTO SMALL BUSINESS

 ANZ will lend $2 billion to small businesses in the next year, to stimulate national enterprise and economic growth.

The loans will be supported with business transaction accounts, merchant products, financial planning advice, foreign exchange and trade finance.

General manager of small business Kate Gibson says it’s important to back people starting a new venture or considering expansion.

“We hope our commitment to make available a further $2 billion in lending this year can provide a further boost to the economy and support the creation of new jobs.

“Last year we approved seven out of every ten applications from new small businesses lending a further $1 billion to the sector.

“By doubling our lending pledge, we want to send a strong message to small business owners that our team of small business specialists are ready to help with our full range of banking solutions.”

Gibson says the bank provides information on the application process through its Small Business Hub.


Latest News

SUPER RETAIL GROUP SAYS GOODBYE TO AMART SPORTS BRAND

A BRAND synonymous with Australian sporting goods, Amart Sports, will be retired from 1 November 2017. Super R...

SUPREME COURT GRANTS LEAVE FOR CLASS ACTION AGAINST DICK SMITH

A CLASS action law suit against Dick Smith has been given the green light for shareholders impacted by the company...

NEXTDC SHARES SOLD OFF AS ONGOING SPAT WITH 360 CAPITAL CONTINUES

SHAREHOLDERS in data centre operator NextDC (ASX: NXT) have dumped their stock in the company as its ongoing war of w...

SURVEY SAYS COUNTEROFFERS MIGHT BE A WASTE OF MONEY

TO RETAIN the best and brightest employees it sometimes seems like a good idea to offer more money, but recent res...

Related News

SUPER RETAIL GROUP SAYS GOODBYE TO AMART SPORTS BRAND

A BRAND synonymous with Australian sporting goods, Amart Sports, will be retired from 1 November 2017. Super R...

SUPREME COURT GRANTS LEAVE FOR CLASS ACTION AGAINST DICK SMITH

A CLASS action law suit against Dick Smith has been given the green light for shareholders impacted by the company...

NEXTDC SHARES SOLD OFF AS ONGOING SPAT WITH 360 CAPITAL CONTINUES

SHAREHOLDERS in data centre operator NextDC (ASX: NXT) have dumped their stock in the company as its ongoing war of w...

SURVEY SAYS COUNTEROFFERS MIGHT BE A WASTE OF MONEY

TO RETAIN the best and brightest employees it sometimes seems like a good idea to offer more money, but recent res...

BOOK YOUR FUNCTION SPACE HERE

 

 

 

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter