Accreditation

Why become accredited with St.George Institutional & Business Bank?

  • We want to build mutually rewarding alliances with intermediaries
    – Providing a value added competitive offering to intermediaries & their customers
  • We offer a dedicated regional relationship management team
    – Relationship management of intermediaries and their customers
    – Single point of contacts to meet intermediaries and their customer’s needs
  • We know intermediary customer industries
    – Significant experience across a range of industries
    – Focussed policies and propositions for diverse industries
    – Tailored product offering specific to your customer needs
  • Track record of customer satisfaction
    – Winner Business Bank of the Year - CFO Awards 2008
    – Winner Best Domestic Commercial Bank - AsiaMoney Polls 2007
    – Winner Best Business Bank - Australian Banking and Finance Magazine Awards 2007
    – Winner Business Bank of the year - Money Magazine 2006
    – 86% of our customers are likely to recommend us (Jones Donald Strategy Partners Survey Sept 06)

Our Target Market & Proposition

St.George Institutional & Business Bank’s focus is lending above $250,000 for business or investment use

Our target industries include:

  • Professional Business Services (Legal; Accountants; Financial Advisors; Insurance Brokers)
  • Health & Community Services (Residential Aged Care; Community Pharmacies)
  • Accommodation (Pubs, Bars & Taverns; Motels & Hotels)
  • Property (Construction & Development; Investment)
  • Manufacturing & Wholesaling

Intermediary criteria

What are we looking for in accrediting an intermediary?

  • Provision of 100 points of Identification
  • National Criminal History Record Check
  • Credit Report
  • Professional Indemnity Insurance (Minimum requirement of $2M)
  • Not currently bankrupt or subject to control under the Bankruptcy Act 1966
  • UCCC Certificate (if Mortgage Broker)
  • At least 2 years experience in the commercial industry (supported by CV and provision of 4 industry references)
  • Proof of membership of Credit Ombudsman Service Limited or Banking and Financial Services Ombudsman
  • We will also require the following information before establishing a relationship:
  • Your company profile including principle business activity, date established, part of aggregator & directors
  • Your business activities including commercial customer base, parties accredited with, business volumes and deal sizes, preferred lenders
  • A needs analysis including what drives you and your business, whether you are relationship or transaction oriented, your approach to reciprocity and deal response time and your communication preferences