APRA amends authorised deposit-taking institution licence for Avenue Bank to remove restrictions
The Australian Prudential Regulation Authority (APRA) has granted Avenue Bank Limited (Avenue) a licence to operate as an authorised deposit-taking institution (ADI) without restrictions under the Banking Act 1959.
Avenue was previously licensed by APRA in September 2021 as a Restricted ADI.
An updated list of all APRA-authorised ADIs can be found on the APRA website: Register of authorised deposit-taking institutions.
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