Money magazine considered a number of factors when judging the award, and concluded that La Trobe Financial had scored the highest across the seven core dimensions of product range, business strength, ability to raise lending capital, innovation, corporate transparency, loan quality and customer depth.
La Trobe Financial’s Chief Lending Officer Cory Bannister said, “We are delighted to be recognised as Non-Bank Lender of the Year, especially during the past six months of market volatility. We are committed to providing financial solutions for under-served customers and have been doing this since 1952.”
“We believe that today, more than ever, the non-bank sector plays an important role in supporting the financial needs of Australians. With this in mind, we remain focused on innovating a number of key finance products to meet gaps in the market,” said Bannister.
La Trobe Financial’s David Bleakley Deputy Chief Lending Officer and a veteran of the industry, said he was pleased to receive this important recognition – “With $12 billion in assets under management, we are truly focused on making a difference in people’s lives by helping them achieve financial security. We have a strong and dedicated management team and this recognition is a testament to their hard work.”
About La Trobe Financial
With A$12 billion of assets under management, La Trobe Financial is one of Australia’s leading diversified wealth managers, specialising in funding and investment solutions. Since 1952, La Trobe Financial has been a proven and trusted investment partner for institutional and retail investors, operating Australia’s largest retail Credit Fund with $5 billion in assets under management and 50,000 retail investors. It is 80% owned by Blackstone, the world’s largest alternative asset manager, with more than US$649 billion of assets under management worldwide.
La Trobe Financial is regulated by the Australian Securities & Investments Commission (ASIC) and holds the requisite regulatory AFSL and ACL licences to operate and place RMBS issuances.
For further details please visit our website www.latrobefinancial.com.