Australian Securitisation Journal - Edition 19 (February 2021)

Page 99

CREDIT UNION AUSTRALIA

ECLIPX GROUP

AUSTRALIAN ADI

YES

AUSTRALIAN ADI

NO

SECURITISATION PROGRAMME NAME

HARVEY

SECURITISATION PROGRAMME NAMES

FP TURBO, FP IGNITION

USE OF S E C UR IT IS AT I O N TYPE OF SECURITISATION ISSUED

USE OF SE CURI T I SAT I ON PRIME RMBS

TYPE OF SECURITISATION ISSUED

AUTO ABS

PROPORTION OF OUTSTANDING WHOLESALE FUNDING SOURCED VIA SECURITISATION

49%

PROPORTION OF OUTSTANDING WHOLESALE FUNDING SOURCED VIA SECURITISATION

60%

NUMBER OF SECURITISATIONS ISSUED

11

TOTAL VOLUME ISSUED

A$6.6BN

NUMBER OF SECURITISATIONS ISSUED

AUSTRALIA: 5 NEW ZEALAND: 2

TOTAL DOMESTIC VS OFFSHORE ISSUANCE

100% DOMESTIC

TOTAL VOLUME ISSUED

A$1.5BN NZ$500M

OUTSTANDING VOLUME OF SECURITISED ISSUES

A$1.1BN

TOTAL DOMESTIC VS OFFSHORE ISSUANCE

100% DOMESTIC

PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF AT 30 NOV 2020

1.4%

OUTSTANDING VOLUME OF SECURITISED ISSUES AT 30 SEP 2020

A$335.8M NZ$177.3M

PROPORTION OF SECURITISATION PORTFOLIO IN COVID-19 PAYMENT RELIEF AT 30 SEP 2020

AUSTRALIA: 0.2% NEW ZEALAND: 0.1%

C

redit Union Australia (CUA) is Australia’s largest customer-owned banking organisation, offering responsible financial, health, and insurance solutions to around 560,000 Australians. CUA’s roots date back to several small credit unions in the 1940s, which started with just 180 members. It has since grown its national footprint through amalgamations of more than 170 different credit unions. Today, CUA has consolidated assets worth more than A$16.1 billion, around 1,000 staff and close to 40 branches across Queensland, New South Wales, Victoria, the Australian Capital Territory and Western Australia. CUA’s geographic spread is amplified through its mortgage-broker channel with CUA being represented by more than 1,300 brokers across Australia. As a mutual, CUA was created by members for members. The ongoing growth and success of CUA enables the reinvestment of profits back into the business to improve products, services and member experience, as well as to build stronger communities. CUA is an authorised deposit-taking institution under the Banking Act and has a financial services license and a credit license granted by the Australian Securities and Investments Commission.

E

clipx Group is an Australian Securities Exchangelisted, established leader in vehicle-fleet leasing, fleet management and novated leasing across Australia and New Zealand. Eclipx offers consumers, businesses and governments access to solutions including fleet leasing, fleetmanagement services and novated leasing through its suite of brands. The business has more than 33 years of experience with unique credit insights through economic cycles. At 30 September 2020, Eclipx had A$2 billion equivalent of assets under management or financed across Australia and New Zealand. Eclipx has been a regular ABS issuer in Australia and New Zealand since 2010. Eclipx also maintains a highly diversified funding strategy including warehouse facilities, ABS, third-party funding arrangements, corporate debt and cash to arrange finance for its customers through its brands FleetPartners, FleetPlus and FleetChoice.

◆ please contact: ◆ please contact:

Tim Moore Treasurer +61 7 3552 4096 | tim.moore@cua.com.au www.cua.com.au

Dom Di Gori Group Treasurer +61 2 8398 8776 | dom.digori@eclipx.com Kam Dyall Treasury Manager +61 3 8416 5482 | kam.dyall@eclipx.com www.eclipxgroup.com 97


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