Who is... Bank of Queensland

Need a new financial services provider? Not sure which bank to do business with? Here’s the dish on the Bank of Queensland.

The Bank of Queensland began life as a building society, the Brisbane Permanent Benefit Building and Investment Society, established as Queensland's first permanent building society in 1874. As such, it is one of Queensland’s oldest financial institutions, and underwent a number of amalgamations until receiving its full trading bank licence in 1942. The organisation took on its new name in 1970, became publicly listed on the ASX in 1971, and incorporated Bank of Queensland Savings Bank as a wholly owned subsidiary in 1982.

In 2004 the Bank of Queensland opened branches in New South Wales, the ACT and Victoria, coupled with similar expansion into regional Queensland. It now has well over 200 branches across the country, although the vast majority are still found in Queensland, in both rural and metropolitan areas. The Bank of Queensland operates an owner-manager branch program in some cases, allowing individual to open branches and then operate the branches as franchises of the company.

Bank of Queensland products and services 

Where personal banking is concerned, the Bank of Queensland offers a full range of services – savings and investments, credit cards, various loans and insurance options. The bank has recently made its Internet banking more competitive, too. There is also an extensive amount of activity in the business banking sector, from accounts to property finance, investment banking, merchant and international financial services.