Westpac leads majors in loan volumes

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n May, the value of owner occupier and investment home loans advanced by Westpac, according to its loan books, made up a total of $25.9 billion – 33 per cent of the major banks' market share.

CBA also posted a strong result in May, with $24.4 billion on its loan books, or 31 per cent market share of the majors.

Despite having lower interest rates, NAB and ANZ sat behind Westpac and CBA, with each accounting for 18 per cent of the market.