Australia's CBA, big offshore banks grow home lending business
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SYDNEY (Reuters) - Commonwealth Bank of Australia grew its home lending business in the second half of last year, the only one to do so of the four major banks, data showed on Friday, as offshore lenders lured customers with quick approvals and cheap money.Australian home buyers flocked to big offshore players such as HSBC , ING Groep NV , and Citigroup Inc. , following a period of heightened regulatory scrutiny and customer backlash at the big domestic institutions. Those banks grew by 6.6%,..