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Moody’s Investors Service (Moody’s) has changed the outlook on IMB Bank to negative from stable. IMB’s current long-term issuer rating of Baa1 and short-term issuer rating of P-2 remain unchanged.

Today’s action on IMB’s outlook was prompted by the change in outlook on the broader banking system. In early April Moody’s changed its outlook for the broader Australian banking system to negative, reflecting its view that ‘the economic impact of coronavirus-related disruptions will strain banks’ loan performance’.
 

24 April 2020

Why choose IMB Bank?

Established in 1880, IMB has been helping people achieve their financial goals for 140 years. IMB offers a full range of banking solutions including home and personal lending, savings and transaction accounts, term deposits, business banking and can arrange financial planning, insurance and travel products.

IMB has a growing branch network throughout the Illawarra, Sydney, NSW South Coast, the ACT and Melbourne. We have a lending specialist in every branch and a team of mobile lending specialists who will come to you. IMB members enjoy access to free automated phone and internet banking and a team of professionals who are just a phone call away at our locally based call centre.

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