Ashurst advises Alex Bank Pty Ltd on new banking licence
12 July 2021
Alex Bank's restricted ADI licence follows several successful fundraising rounds from 2019 onwards which Ashurst also advised Alex Bank on.
Ashurst Partner, Stuart Dullard commented:
"We are very privileged to have been a part of Alex Bank's journey from very early on and are delighted to have advised Alex Bank on its successful application to APRA to become a restricted authorised deposit-taking institution. We congratulate the team at Alex Bank on achieving this tremendous milestone and on becoming a new player in the banking industry."
The Ashurst team was led by Stuart Dullard, Jason Maletic and Kenneth Tang.