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Home » Australian Banks » Bank of Queensland | |||||||||||||||||
Bank of Queensland |
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Bank of Queensland (BOQ), one of the oldest financial institutions in Queensland, Australia, is a retail bank with a network of almost 270 branches, including 152 in Queensland, 52 in New South Wales, 23 in Victoria and 34 in Western Australia. Bank of Queensland is a cornerstone Queensland organization, the second largest Queensland-based financial institution and the state’s fifth-largest listed company. Since 2002 the Bank has undertaken a national branch expansion. The Bank's branch model permits individuals to own and operate local branches of the Bank as franchises, while receiving the backing of Bank of Queensland's product range and support. |
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Bank of Queensland committed to providing customers with innovative and socially responsible banking solutions along with the best possible customer service experience. As of today, it has around 2500 ATM centers in the whole of Australia. This makes it very easy for the customers of the bank to access money from any part of the country at any time. The first regional branch of the bank was opened in Cairns and Townsville. |
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The banks are
regulated by the Australian Prudential Regulatory Authority (APRA) in
Australia. APRA is responsible for regulating much of the financial
industry, including insurance and superannuation companies. Institution
seeking to be prudentially regulated as an authorised deposit-taking
institution (ADI) is required to be authorised under the Banking Act 1959
(the Banking Act). The Australian Prudential Regulation Authority (APRA) is
responsible for the authorisation process. |
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