Suncorp lifts lending 3.3%

Suncorp increased its total lending 3.3 per cent to $52 billion during the three months to March 31.

Suncorp lifted its total lending 3.3 per cent during the three months to March 31.

The banking and insurance group increased its lending to $52 billion during the quarter, thanks to a 4.6 per cent increase in retail lending.

The bank also improved credit quality, with gross impaired assets down 3.8 per cent to $252 million during the quarter.