CBA is 'looking' to increase its share of Aussie Home Loans, according to reports first published yesterday in The Australian Financial Review (AFR).
bought a 33% share in Aussie in 2008 worth $71m.
According to the AFR,
a key reason for CBA
to increase its stake is access to Aussie’s alternative lending brands, which would increase its home loan activity beyond Bankwest.
and Westpac have already invested in alternative lending brands.