Bank of Queensland

Bank of Queensland
BOQ
FormerlyBrisbane Permanent Benefit Building and Investment Society (1874–1970)[1][2]
Company typePublic (since 1971)[1][2]
ASXBOQ
Industry
Founded1874; 150 years ago (1874)[1][2]
Headquarters100 Skyring Terrace, Newstead, Brisbane, Queensland
Number of locations
2,447+[a] (2022)
Area served
Queensland
Products
Increase A$1.682 billion (2022)[3]
Total assetsIncrease A$99.930 billion (2022)[3]
Total equityIncrease A$6.685 billion (2022)[3]
Number of employees
3,040[3]
Subsidiaries
Rating
Websitewww.boq.com.au

The Bank of Queensland (BOQ), formerly known as the Brisbane Permanent Benefit Building and Investment Society (BPBBIS) between 1874–1970, is an Australian retail bank with headquarters in Brisbane, Queensland. The bank is one of the oldest financial institutions in Queensland, having begun as a building society. It now has 111 owner-managed branches throughout Australia, including thirty-six corporate branches and third-party intermediaries.[3] They also have over 2,300 ATMs.[3] The bank also owns Virgin Money Australia and ME Bank.

In 2021, customer satisfaction with BOQ was rated at 82.9% by Roy Morgan.[5] In 2007 customer satisfaction levels were placed at 88%.[6] The bank does not currently have any board directors who are based in Queensland.[7]

  1. ^ a b c "Bank of Queensland – Queensland Business Leaders Hall of Fame". leaders.slq.qld.gov.au.
  2. ^ a b c "Our History – BOQ". boq.com.au. Bank of Queensland.
  3. ^ a b c d e f "BOQ – Annual Report" (PDF). boq.com.au. 2022.
  4. ^ "BOQ Credit Ratings". boq.com.au.
  5. ^ "Bank of Queensland purchase of ME Bank set to widen customer base to over 1 million Australians". Roy Morgan. Retrieved 4 June 2021.
  6. ^ Denny Thomas (19 March 2007). "Bank of Queensland offers to buy Bendigo for $2 bln". Reuters. Thomson Reuters. Retrieved 26 February 2012.
  7. ^ "Bank of Queensland? More like Bank of Sydney". Australian Financial Review. 8 December 2022. Retrieved 9 December 2022.


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