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Home » Australian Banks » Suncorp-Metway | |||||||||||||||||
Suncorp-Metway |
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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. |
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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. |
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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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