Latest Banking News

Rio Tinto (ASX: RIO) has updated details on its fully franked 2025 final dividend, confirming the dividend reinvestment plan (DRP) price and share allocation date. The USD 2.54 per share dividend is payable in multiple currencies with no discount applied to DRP shares.

Energy World Corporation is accelerating development of its Pagbilao LNG terminal while launching a strategic review focused on monetising Siemens turbines amid evolving power market dynamics and strong U.S. demand.

VHM Limited has ditched its Shenghe Resources offtake agreement to broaden market options and approved a direct jump to full-scale 5Mtpa development at its Goschen Rare Earths and Mineral Sands Project. Key regulatory approvals and a major drilling campaign underpin progress towards a mid-2026 Final Investment Decision and production slated for late 2027.

Ramsay Health Care has announced a fully franked distribution of AUD 3.3608 per security on its perpetual preference shares, subject to board approval by late August. The payment reflects a total annualised rate of 6.7%, linked to the 180-day BBSW plus a margin.

Desane Group Holdings has locked in a decade-long lease with a leading national retailer at 322 Norton Street, Leichhardt, underpinning steady rental income and portfolio strength.

Green360 Technologies has produced its first commercial batch of Eco-Clay under a tolling deal with Calix, advancing its low-carbon cement alternative towards market entry in Victoria by mid-2026.

Stonepeak-Plus Infra Debt Limited is raising $50-100 million through a new tranche of its INFRA1 Notes, offering a floating rate of BBSW plus 3.25%. The unsecured notes mature in 2032, aiming to broaden investor base and portfolio diversification amid ongoing geopolitical uncertainties.

Australian Finance Group (ASX:AFG) reported a 22.7% lift in Q3 FY26 mortgage lodgements to $29.54 billion, marking its strongest March quarter despite rising interest rates and subdued refinancing activity.

Pinnacle Investment Management has cleared critical regulatory hurdles from the FCA and DFSA to acquire the remaining 79.2% of Pacific Asset Management, with completion slated for 24 April 2026.

National Australia Bank is adjusting its credit provisioning and capital policies in response to market volatility from the Middle East conflict, with significant impacts on its 1H26 earnings and balance sheet.

NEXTDC has boosted its pro forma contracted utilisation by 60% to 667MW, prompting a A$1.5 billion entitlement offer and an expanded capital plan to accelerate its Western Sydney data centre developments.

Trade Window Holdings has announced the unexpected resignation of founding CEO AJ Smith due to illness, with COO Dewald van Rensburg stepping in as acting CEO. The board is currently evaluating options for a permanent replacement.