APRA to monitor in1Bank return of deposits
The Australian Prudential Regulation Authority (APRA) will monitor the return of all deposits to in1Bank depositors in an orderly and timely manner.
The Australian Prudential Regulation Authority (APRA) will monitor the return of all deposits to in1Bank depositors in an orderly and timely manner.
APRA has granted Land Bank of Taiwan Co., Ltd a licence to operate as a foreign authorised deposit-taking institution.
APRA has extended Avenue Bank’s licence to operate as a restricted authorised deposit-taking institution (ADI).
APRA has revoked BNP Paribas Securities Services’ authorised deposit-taking institution (ADI) licence.
APRA has granted IN1Bank Ltd a second extension of its licence to operate for a limited time as a restricted ADI.
The Australian Prudential Regulation Authority (APRA) has revoked Volt Bank Limited’s authorised deposit-taking institution (ADI) licence.
The Australian Prudential Regulation Authority (APRA) notes that Volt Bank has completed the process of returning deposits to its customers.
This determination follows the acquisition of Citigroup Pty Limited’s consumer banking business by NAB in June 2022.
APRA has authorised Barclays Bank PLC to operate as a foreign authorised deposit-taking institution (ADI) in Australia.
APRA has granted IN1Bank Ltd an extension of its licence to operate for a limited time as a restricted ADI.