Step 1

Preheat oven to 180C. Grease a bundt tin, see notes for the best method.

Step 2

Reserve 1/4 cup condensed milk, and place the remainder in a large bowl with the mashed bananas and 250g cream cheese. Whisk well to form a smooth mixture. Add flour and stir until just combined. Pour into prepared tin and bake for 35 minutes until a skewer inserted into the centre comes out clean.

Step 3

Allow to cool slightly, then turn out onto an oven rack and allow to cool completely.

Step 4

Make a quick icing by whisking together remaining 125g cream cheese with reserved condensed milk. Place cake on a serving plate and drizzle over the icing.