Our entire wholesale funding is now Certified as ethical Investment
21 August 2019
All wholesale funding we issue is independently Certified by Responsible Investment Association Australasia (RIAA) as an ethical investment. Therefore, any wholesale investor in the Bank is guaranteed that their investment is ethical.
We are the only bank offering Certified ethical wholesale investment products (MTNs, FRNs, NCDs, TDs) to the Australian market.
Ethical means zero investment in damaging sectors such as fossil fuels, tobacco and gambling.
Wholesale Certified Ethical investment products
- June 2015 - $500m Wholesale Debt Issuance Programme (DIP)
- November 2018 – Increase of $500m to Wholesale DIP. Program size now $1 billion
- 21 August 2019 - Wholesale Sector Short Term Deposits comprised of: Negotiable Certificates of Deposit (NCDs), Wholesale term deposits, and Wholesale overnight deposits (11AM cash – at call).