MyState Ltd
MyState Limited provides banking, trustee, equipment finance and managed fund products and services through its subsidiaries MyState Bank Limited (MyState Bank), Auswide Bank Ltd (comprising Auswide Bank and Selfco) and TPT Wealth Limite…
The business
MyState Limited provides banking, trustee, equipment finance and managed fund products and services through its subsidiaries MyState Bank Limited (MyState Bank), Auswide Bank Ltd (comprising Auswide Bank and Selfco) and TPT Wealth Limited (TPT Wealth). Its segments include MyState Bank, Auswide Bank (including Selfco), and Wealth Management. MyState Bank’s product offerings include lending, encompassing home loans, personal, overdraft, line of credit and commercial products, transactional savings accounts and fixed-term deposits and insurance products. Auswide Bank’s (including Selfco) product offerings include lending, encompassing home loans, personal, overdraft, line of credit and commercial products, transactional savings accounts, fixed-term deposits, insurance products, leasing and commercial hire purchases. The Wealth Management division is a provider of funds management and trustee services. It operates predominantly within Tasmania.
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Latest news
MyState completes $755m merger with Auswide, creating regional banking powerhouse
Tasmania’s biggest bank, MyState (ASX: MYS), has officially completed its $755 million merger with Queensland’s Auswide Bank, creating a stronger and larger financial services institution for around 272,000 regional customers. The merged group will operate under four brands — MyState Bank, Auswide Bank, SelfCo and TPT Wealth — and will distribute a suite of products, […]
Tasmania’s MyState proposes $755m merger with Queensland’s Auswide Bank
Tasmania’s biggest bank MyState (ASX: MYS) has entered into a $755 million merger agreement with Queensland-based Auswide Bank (ASX: ABA), in a move expected to benefit customers and shareholders. Under the terms of the proposal, MyState will issue 1.112 new shares for every one share held by Auswide shareholders, implying a 65.9% pro forma ownership […]
One of Australia’s oldest listed companies follows super new path
The walls of the Melbourne headquarters of Equity Trustees (ASX: EQT) are adorned with the portraits of former prime ministers, premiers and governor generals who have served on the board of the stately 133-year-old institution. The roll call of dignitaries includes 19th century premier Sir Charles Sladen, prime ministers Stanley Bruce and Robert Menzies and […]
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