Company's pre-tax profit turns positive in H1 2024, offsetting the previous period's loss
Deal worth $15.6 million
The lender also made strategic investments for long-term growth and increased its loan loss provision, CEO says
Big growth in loan originations, customers
Up 52% to $732.8m in last financial year
Small business demand boosts annual results
Loan originations up 42% year-on-year
With the new coronavirus pandemic sweeping the globe, the RBA and the government have been putting measures in place to support continued lending and ready the economy for a tough year
The RBA and government made announcements yesterday
Representatives from across the commercial lending space joined MPA to talk about the market, how they’re working with brokers, and the opportunities moving forward
