Funding for the programme was not disclosed. — Reuters
SYDNEY: A trio of major lenders may join a banking service run by Australia’s post offices as part of a government push to mitigate branch closures across the country.
ANZ Group Holdings Ltd has agreed to participate in Australia Post’s Bank@Post venture, while Macquarie Group Ltd and HSBC Holdings Plc are expected to begin negotiations to follow suit, Australia’s government and the nation’s banking lobby said yesterday.
