We’re pleased to announce that the change of name to BNK Banking Corporation Limited from Goldfields Money Limited has been approved by the Australian Securities & Investments Commission (ASIC).

The Company’s trading code on the ASX platform will change from “GMY” to “BBC” with effect from Wednesday 20 March 2019.

Speaking of the approval, Managing Director Simon Lyons said: “We are very pleased that the ASIC approval has been received to change our name to BNK Banking Corporation Limited. The name change was driven by our desire to implement a digital strategy to make banking easier and simpler for our customers and to develop a national offering. We believe that our new name and branding better reflects our core values of simplicity, honesty and transparency.

“While the new name will be immediately adopted for our listed Company, our existing banking business will continue to trade under the Goldfields Money banner for the near term, as we build up to the launch of our new digital banking brand “BNK Bank” to our customers later this calendar year.”