BNK announces second senior secured funding investment for FY26

BNK Banking Corporation Limited (ASX: BNK) has completed its second senior secured investment for FY26, further advancing the bank’s participation in structured credit and asset-backed lending.

The transaction involves BNK joining a senior secured warehouse facility supporting a well-established Australian non-bank lender. The facility is backed by a diversified pool of high-quality receivables, consistent with BNK’s disciplined approach to risk and return. As part of the syndicate, BNK has acquired senior notes in the warehouse, building on the bank’s initial structured credit transaction settled in July.

“This second senior secured investment reflects BNK’s strategy to scale high-value, capital-efficient opportunities through disciplined funding and strategic partnerships,” said Allan Savins, CEO of BNK.

The investment forms part of BNK’s broader strategy to diversify credit exposures, participate in risk-aligned structured finance opportunities, and strengthen the bank’s balance sheet. It demonstrates BNK’s continued focus on disciplined growth and long-term value creation, supporting both sustainable earnings and strategic flexibility.

This transaction marks another step forward in BNK’s diversification strategy, driving growth and ensuring the bank is well-positioned to capitalize on future opportunities.

The completion of this investment reinforces a strong start to FY26, following BNK’s FY25 financial results, which highlighted growth in underlying earnings, net interest margin, and the bank’s ongoing commitment to building a resilient, diversified portfolio.