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Home  »  Australian Banks  »  Suncorp-Metway

Suncorp-Metway

 

Suncorp-Metway Logo

Suncorp Group Limited is an Australian finance, insurance, and banking corporation based in Brisbane, Queensland, Australia. It is one of Australia's largest banks (by combined lending & deposits) and its largest general insurance group, formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC). Suncorp Bank is Australia’s 5th largest listed bank.

Suncorp’s banking activities date back to 1902. From a Queensland base, Suncorp Bank has expended its banking operations throughout Australia. The most recent expansion has been in Western Australia. As a true regional bank, Suncorp Bank services nearly one million customers. Suncorp Bank have access to branches, agencies and Business Banking Centres across Australia and an ATM network.

Suncorp Bank’s personal lending includes home and personal loans, savings and transaction accounts, margin lending, credit cards and foreign currency services. Suncorp’s vision is to be the most admired financial services company in Australia and New Zealand.

 
 

Suncorp-Metway HQ Location Map

Suncorp-Metway Head Office
P O Box 1453
Brisbane QLD 4001
Australia

Toll Free: 13 11 75

Tel: +61 7 3362 2222 (from overseas)

Website: www.suncorpbank.com.au

Banking Hours‎:
Mon - Fri : 9.30am - 4.00pm‎

 

 

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.

Section 5 of the Banking Act defines ‘banking business’ as consisting of both taking deposits (other than as part-payment for identified goods or services) and making advances of money, as well as other financial activities prescribed by regulations made under the Banking Act. The Banking Act only allows corporations to carry on banking business in Australia, which means APRA cannot consider applications from partnerships or unincorporated entities. ADIs are subject to rigorous and close supervision by APRA, which requires the ADI to comply with a range of requirements contained in Prudential Standards and provide comprehensive data to APRA under Reporting Standards.

 

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