Latest Banking News

Metal Bank Limited (ASX – MBK) has announced a partially underwritten entitlement offer aiming to raise $2.32 million to fast-track its Western Australia gold projects and explore graphite potential in Queensland. The offer, priced at $0.014 per share, is supported by Equator Capital Management Ltd and targets existing shareholders.

Way2VAT Ltd has secured a strategic acquisition of UK-based RBC VAT Limited alongside a $4.1 million placement, accelerating its expansion in VAT compliance and consultancy services.

Delorean Corporation has locked in a $14.5 million lower-cost loan facility with National Australia Bank to fund its SA1 Salisbury Bioenergy Project, refinancing existing debt and freeing capital for further bioenergy developments.

Bendigo and Adelaide Bank has updated its dividend distribution details for the financial year ending June 2025, confirming a fully franked dividend of AUD 0.33 per share and clarifying its Dividend Reinvestment Plan arrangements.

ReNerve Ltd has launched its Empliq product range, marking its entry into the dermal and amniotic tissue repair markets with first sales already recorded and a US launch planned.

Income Asset Management has resumed ASX trading after revealing a $1.5 million fraud involving a former employee, while assuring clients their assets remain secure under current custodianship.

Resolution Minerals has begun a large-scale stream sediment sampling program at its Horse Heaven project in Idaho, aiming to uncover new critical mineral targets and validate geological links with Perpetua Resources’ adjacent Stibnite Gold Project.

Bank of Queensland Limited announces a fully franked quarterly distribution of AUD 1.2182 per Capital Note 3 security, reflecting a 4.89% annualised yield tied to the 3-month BBSW plus margin.

Peel Mining has appointed a new leadership team with deep mining and capital markets expertise, aiming to unlock significant value from its copper and polymetallic assets in the prolific Cobar region. The company signals a strategic shift towards targeted exploration, regional consolidation, and disciplined growth.

Income Asset Management has uncovered suspected fraudulent transfers linked to a minority sub-custodian, confirming no client assets were compromised. The company is investigating further and will update the market soon.

JAYRIDE Group Limited has confirmed Randy Prado as CEO and Ram Navaratnam as Finance Director, cementing leadership as it advances its SaaS mobility platform with pilots in Southeast Asia.

Endeavour Group Limited has updated its dividend distribution details for the financial period ending June 2025, confirming a fully franked ordinary dividend and outlining currency options and reinvestment plan terms.