Judo Capital Holdings Limited (ASX:JDO)
1. About
Judo Capital Holdings Limited (ASX:JDB) owns and operates Judo Bank, Australia's only bank dedicated to SMEs. Judo's relationship-based model and legacy-free platform uniquely positions the Company against the major banks in this important segment of the market.
SME lending
Judo obtained its banking licence in 2019. Since then the Company has provided more than $1.8 billion of funding to SMEs. Judo has invested heavily in recruiting Australia's best relationship bankers and currently has more than 75 bankers and analysts across Australia. In addition, Judo Bank has developed strong relationships with over 500 accredited third-party brokers.
Term deposits
Judo provides term deposits to both retail and wholesale customers who provide valuable funding to support Australian SMEs. Judo Bank term deposits have received industry recognition, winning the Bank of the Year 2020 Term Deposits Award from Canstar and Experts Choice 2020 for Term Deposits from Mozo.