General Information of BOQ
Bank of Queensland Limited (BOQ) is one of Australia's leading regional banks, first established in 1874. In 1942, it merged with a number of other financial institutions in Queensland to become a trading bank. In 1982, the Savings Bank of Queensland was incorporated as a wholly-owned subsidiary, and in 1985, the first regional branches were opened in Cairns and Townsville. In 2010, Bank of Queensland acquired the Australia and New Zealand division of CIT GROUP Inc, a leading provider of sell-side finance to small and medium-sized businesses. In 2014, Bank of Queensland acquired Investec Bank (Australia) Limited (now BOQ Specialist Bank Limited), including the specialist finance business and the asset finance and leasing business. So far, the Bank of Queensland now has over 160 branches in Australia.
Regulation of BOQ
Bank of Queensland is currently regulated by the Australian Securities and Investments Commission (ASIC) and holds a full license under its authority, regulatory number: 244616.
Personal Services of BOQ
Bank of Queensland's businesses for individuals include banking (transaction accounts, savings, and term deposits, internet banking, VISA debit cards, etc.), insurance (home contents insurance, motor insurance, land insurance), credit card business, investment and superannuation business, home loan business, personal loans, and car loans.
Commercial Business of BOQ
Bank of Queensland's service offerings for business include small business (managing small businesses, growing small businesses, online business banking), merchant and payment products (payment solutions and billing, merchant solutions), industry specialists (agribusiness, corporate and property, health care), business banking accounts (transaction accounts, savings and investment accounts, industry specialist accounts, business visa debit cards), Loans and Finance (Australian business loans, equipment, and vehicle finance, dealership finance, insurance premium funding), Financial Markets and International Services (import/export services, international and domestic trade, foreign exchange transactions, foreign currency accounts and deposits).
