APRA grants new authorised deposit-taking institution licence to Xinja Bank

The Australian Prudential Regulation Authority (APRA) has granted Xinja Bank Limited a licence to operate as an authorised deposit-taking institution (ADI) without restrictions under the Banking Act 1959.

Xinja Bank Limited was previously licensed by APRA in December 2018 as a Restricted ADI.

An updated list of all APRA-authorised ADIs can be found on the APRA website at https://www.apra.gov.au/register-authorised-deposit-taking-institutions.

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