Connect with us

Business

Old and new in CBA’s business banking push – The Australian Financial Review

CBA’s business banking boss Mike Vacy-Lyle is going after market share using digital channels and old-school tactics.

Published

on

Very nicely, apparently. The continued development of the BizExpress channel means that Vacy-Lyle has now been able to get the time between an existing customer applying for an unsecured loan of up to $50,000 and the first dollars hitting their account down to just 15 minutes under a pilot program.
Further development should lift that loan size progressively to $75,000 and $100,000 and eventually beyond. But Vacy-Lyle is pleased with the progress made so far, and says the pandemic has ironicall…

Click here to view the original article.

Continue Reading
Advertisement
Advertisement

Trending