Home loan book

AMP Bank has announced the acquisition of Nano’s residential mortgage portfolio.

Continued strength in AMP’s deposit-to-loan ratio has driven its Q322 loan book growth, the bank has confirmed.

The almost major bank announced its yearly results for FY2024–25, highlighting strong growth in home loans, driven by the broker channel.

The non-bank lender reported a new “record” to its total loans for the 2022 calendar year.

The lender reported an uptick in home lending driven by an increase in originations by the third-party channel.