Latest Banking News

Ventia Services Group has won two major Defence Base Services Transformation contracts worth $2.7 billion, reinforcing its long-term role in supporting Australian Defence infrastructure.

360 Capital Mortgage REIT (ASX – TCF) has announced a non-renounceable 1-for-1 entitlement offer to raise approximately $45.2 million, aiming to expand its senior loan investments secured by Australian real estate. The offer includes an oversubscription facility and a shortfall offer targeting wholesale and institutional investors.

360 Capital Mortgage REIT has announced a 1-for-1 non-renounceable entitlement offer priced at net asset value to raise approximately $45.2 million, aiming to fund new loan investments and diversify its portfolio.

Spenda Limited announces the resignation of CEO Adrian Floate due to health concerns, appointing COO Corrie Hassan as interim CEO and welcoming Francis DeSouza to the Board. The company aims to maintain momentum following a record revenue year.

Coles Group Limited has updated its dividend details, confirming a fully franked ordinary dividend of AUD 0.32 per share for FY25, payable in multiple currencies. Shareholders can also participate in a Dividend Reinvestment Plan with no discount applied.

PointsBet’s board has reaffirmed its recommendation for shareholders to accept MIXI Australia’s $1.25 cash takeover offer, while cautioning against betr Entertainment’s unsolicited scrip bid amid financial and control uncertainties.

Stakk Limited has renewed its key contract with New York fintech Current Financial, locking in $280,000 in annual recurring revenue and reinforcing its foothold in the US embedded finance market.

QBE Insurance Group has updated its dividend announcement, confirming a 31-cent ordinary dividend for the first half of 2025 alongside detailed pricing for its Dividend Reinvestment and Bonus Share Plans.

Metal Bank Limited has agreed to acquire Hastings Technology Metals’ Western Australian gold assets, expanding its portfolio and advancing key projects toward production.

Hastings Technology Metals has agreed to sell its Western Australian gold assets to Metal Bank Limited for A$2.3 million in shares, enabling a sharper focus on its flagship rare earths project. The deal includes key management moves and an in-specie share distribution to Hastings shareholders.

BSP Financial Group reveals the Papua New Guinea Government’s plan to shift accounts to a new state-owned bank, potentially denting BSP’s profits. The bank is evaluating the full impact and possible responses.

Euro Manganese Inc. reports significant progress on its Chvaletice Project and Bécancour Plant, positioning itself as a key Western supplier of high-purity manganese critical for EV batteries. The company highlights strong feasibility results, strategic financing partnerships, and multiple offtake agreements amid an expected global supply deficit.