IMB BANK
ING BANK AUSTRALIA
AUSTRALIAN ADI
YES
AUSTRALIAN ADI
YES
SECURITISATION PROGRAMME NAME
ILLAWARRA
SECURITISATION PROGRAMME NAME
IDOL
USE OF S E C UR IT IS AT I O N
USE OF SE CURI T I SAT I ON
TYPES OF SECURITISATION ISSUED
PRIME RMBS, SMALL-TICKET CMBS
PROPORTION OF OUTSTANDING WHOLESALE FUNDING SOURCED VIA SECURITISATION
46%
NUMBER OF SECURITISATIONS ISSUED
7 RMBS, 3 CMBS
TOTAL VOLUME ISSUED
A$3.6BN
TOTAL DOMESTIC VS OFFSHORE ISSUANCE OUTSTANDING VOLUME OF SECURITISED ISSUES PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF AT 31 OCT 2020
TYPE OF SECURITISATION ISSUED
PRIME RMBS
PROPORTION OF OUTSTANDING WHOLESALE FUNDING SOURCED VIA SECURITISATION
14%
NUMBER OF SECURITISATIONS ISSUED
12
TOTAL VOLUME ISSUED
A$11.9BN EQUIVALENT
100% DOMESTIC
TOTAL DOMESTIC VS OFFSHORE ISSUANCE
99% DOMESTIC 1% OFFSHORE
A$240M
OUTSTANDING VOLUME OF SECURITISED ISSUES
A$2.6BN
1%
PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF AT 30 NOV 2020
1%
E
stablished in 1880, IMB Bank is one of the most enduring financial institutions in Australia, helping people achieve their financial goals for 140 years by offering competitive products, practical solutions and, thanks to a dual focus on person-to-person relationships and digital innovation, superior customer service. IMB members enjoy the benefits and convenience of IMB’s continued innovation leadership in the banking sector. Its renowned personal service extends to webchat, in-app messaging and social communication with members, who can also bank with IMB via internet, mobile, phone banking or through the Australia-based call centre, IMB Direct. Members also have access to digital banking options, such as secure Osko real-time payments, a range of mobile wallets and, as of 2020, an online mortgage application that reduces time and simplifies the lending process. IMB has a retail network throughout the Illawarra, Sydney, NSW South Coast, the ACT, Melbourne and, thanks to a successful merger with Hunter United Employees’ Credit Union in 2020, Newcastle and the Hunter Region. IMB is regulated by the Australian Prudential Regulation Authority and is a member of the Customer Owned Banking Association. IMB has around 206,000 members and assets of more than A$6.7 billion. IMB supports the wider community through the IMB Community Foundation, which was established in 1999 and has since provided more than A$10 million to support more than 700 projects. ◆ please contact:
Mark Workman Treasurer +61 2 4298 0172 | mark.workman@imb.com.au Ian Witheridge Senior Manager, Finance +61 2 4298 0256 | ian.witheridge@imb.com.au www.imb.com.au
I
NG – the trading name of ING Bank Australia Limited – is part of ING Group: a Dutch multinational banking and financial-services corporation headquartered in Amsterdam. ING changed the way Australians bank 21 years ago by launching the country’s first branchless bank. ING now offers Australians award-winning home loans, transactional banking, superannuation, credit cards, personal lending, insurance and wholesale-banking services. ING is Australia’s fifth-largest main financial institution (MFI)* with 6% market share and more than two million active customers. In 2019, this number grew by 30%, supported by strong growth of the Orange Everyday transaction account, with 459,000 new accounts opened. The bank’s residential-mortgage business exceeds A$51 billion with its share of the broker market continuing to grow. Retail deposits and wholesale lending also continued to show strong growth during 2020. In 2020, ING was awarded the Canstar Bank of the Year and voted most trusted bank in the RFi Group’s Australian Banking Innovation Awards. *According to RFi XPRT Survey (April-September 2020) (n=31,552). MFI is defined as the bank that the consumer says is their main financial institution.
◆ please contact:
Peter Casey Deputy Treasurer +61 2 9018 5132 | peter.casey@ing.com.au Samuel Rodgers Treasury Dealer +61 2 9028 4241 | samuel.rodgers@ing.com.au Charlene Breytenbach Treasury Dealer +61 2 9028 4137 | charlene.breytenbach@ing.com.au www.ing.com.au 99
