BNK completes landmark investment in senior secured funding
We’re pleased to announce that BNK has joined a syndicated senior secured warehouse facility as a funding partner — marking a key milestone in our entry into structured credit.
The transaction supports a growing Australian non-bank lender through a facility backed by high-quality receivables. As part of the syndicate, BNK has acquired senior notes in the warehouse, reflecting our strategic move into asset-backed lending and private credit markets.
This investment forms part of our broader strategy to diversify credit exposures and participate in high quality, risk-aligned opportunities within the structured finance sector.
“We’re pleased to partner with experienced counterparties in this transaction and see growing potential in supporting the non-bank lending ecosystem through carefully structured participation,” said Allan Savins, CEO of BNK.
The completion of this transaction marks the beginning of a new investment approach for BNK — one that broadens our credit risk appetite, seeks attractive risk-adjusted returns, and delivers capital efficiency benefits under the regulatory framework.
It also caps off a strong start to FY26, following BNK’s FY25 Financial Results announcing a profit for the year including growth in underlying earnings and net interest margin.