Australia's BNK Banking Corp climbs on upbeat trading update

BNK Banking

06/08/2021 02:06

** Shares of BNK Banking Corp  BBC.AX  rise as much as 4.6%
to A$0.790, their biggest intraday pct gain since July 29 
    ** Financial services provider says its settlements for the
quarter rose 60% on the previous quarter to A$173 mln ($127.92
mln),helped in part by a higher-margin on their balance sheet
lending  urn:newsml:reuters.com:*:nASX4H0YjP
    ** BBC says loan book grew by 28% in the quarter
    ** Says as at June 30, deposits increased 33% on previous
quarter to A$636 mln 
    ** Stock up ~7.9% this year as of last close 


($1 = 1.3524 Australian dollars)

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))