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(Reuters) - Australian financial conglomerate Macquarie Group said on Monday its banking and financial services unit will stop new car loans through direct, broker and novated lease channels in a bid to prioritise growth of home loan and deposit offerings.
"This decision will enable us to further prioritise the growth of our home loan and deposit offerings," Ben Perham, Macquarie's head of personal banking, said in a statement.
Macquarie's Banking and Financial Services Group, which contribute...
>>> Read more: Macquarie's banking unit to stop new car loans to focus on mortgage growth
"This decision will enable us to further prioritise the growth of our home loan and deposit offerings," Ben Perham, Macquarie's head of personal banking, said in a statement.
Macquarie's Banking and Financial Services Group, which contribute...
>>> Read more: Macquarie's banking unit to stop new car loans to focus on mortgage growth
