The latest media statements from ME.
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ME Bank today announced its financial results for the year to 30 June 2020, with statutory net profit after tax (Statutory NPAT) up 20% on the previous year to $80.8 million, achieved after factoring in COVID-19 related bad debt provisions.
From today, ME is going below 3% p.a. on its variable rate Basic Home Loan with cuts of up to 59 basis points.
ME has introduced Google Pay today as its customers increasingly switch to contactless and digital payments.
From today, ME is offering one of the lowest comparable fixed rates for owner occupiers on the market, after making rate cuts of up to 40 basis points across its 1-3 year fixed terms.
Xavier has more than 20 years of experience advising and leading risk functions of large, customer-focused businesses through complex and changing environments, gained both in Australia and internationally.
The Chairman of ME Bank, Mr James Evans, has announced the appointment of Ms Deborah Kiers as a Non-Executive Director, effective 31 July 2020.
In a surprise twist, the flood of government stimulus combined with financial actions of households in response to the COVID-19 pandemic has pushed the nation’s household financial comfort to a near record high.
Our household financial comfort report opens the door to how Australian households spend, save and think about money. Read more