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Westpac general counsel to step down

Australia-based financial institution Westpac announced Group General Counsel and Enterprise Executive Rebecca Lim has decided to step down and move to a part-time advisory role.

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Westpac cuts SME guarantee scheme loan rates

Mortgage Business Westpac cuts SME guarantee scheme loan rates By Malavika Santhebennur 04 March 2021 The bank has reduced lending rates on some SME loans by up to almost 50 bps on new lending for products offered under the SME Guarantee Scheme. Westpac Group has announced reductions to some business lending interest rates on new lending for products offered under the federal government’s Coronavirus Small-to-Medium Enterprise (SME) Guarantee Scheme. The rate cuts have followed those announced by the major bank in November 2020, when it reduced rates by up to 56 bps. The SME Guarantee interest rate changes for business loans, which came into effect on 1 March, include:

Westpac announces interest rate decreases for SME business loans

Westpac announces interest rate decreases for SME business loans
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