Business Bank Accounts Offers for February

Provider	Information
St.George Business Cheque Account Plus	$0 Monthly Account Keeping Fee1 when you maintain a minimum monthly balance of $10,000, otherwise a monthly fee of $10 applies. Peace of mind knowing your funds are eligible to be covered by the Australian Government Guarantee2 Free online legal and taxation advice3 for tax and accountancy issues specific to your business when you need it
St.George Freedom Business Account	$0 Monthly Account Keeping Fee1 when you maintain a minimum monthly balance of $5,000, otherwise a monthly fee of $10 applies Peace of mind knowing your funds are eligible to be covered by the Australian Government Guarantee2 Unlimited fee-free internet banking 24/73 - access to your money when you need it Free online legal and taxation advice4 for tax and accountancy issues specific to your business when you need it

Related Business Bank Account News

ANZ And NAB Increase Market Share Of Mortgage Lending Market

Australia’s two largest mortgage lenders, CBA and Westpac have gradually begun losing market share in mortgage lending to their two smaller rivals NAB and ANZ who have embarked on a strategy of attracting new customers, as they seek to protect their profits from declining margins.

CBA, along with its subsidiary Bankwest continues to remain in its position as Australia’s largest mortgage lender, with a 29.47 per cent of the Australian home loan market.

HSBC Australia Targets SME’s

Global banking giant HSBC says that competition is intensifying in the small and medium enterprise (SME) market, and is now targeting export orientated customer with turnovers of up to $10 million.

HSBC has established a new division called HSBC Business, which it says will adopt a product driven rather than lending approach. The division with offer transactional banking, and a range of international services including payments and cash management, trade finance and foreign exchange.