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ME Bank, also known as ME, is an Australian direct bank based in Melbourne.It became a subsidiary of Bank of Queensland in July 2021.. Founded in 1994 as Super Member Home Loans (SMHL) by Australia's industry superannuation funds, SMHL became Members Equity Bank in 1999, and received a banking licence from the Australian Prudential Regulatory Authority (APRA) in July 2001 and was approved by ...
Bank of Queensland incorporated Bank of Queensland Savings Bank as a wholly owned subsidiary in 1982. In 1991 BOQ acquired Stowe Electronic Switching Pty Ltd and renamed it Queensland Electronic Switching Pty Ltd. In 1999, Bank of Hawaii bought 5.8 m shares (approx. 10%) in Bank of Queensland. Two years later Bank of Hawaii sold its 6.2 m ...
In this commentary, I will examine Bank of Queensland Limited’s (ASX:BOQ) latest earnings update (28 February 2018) and compare these figures against its performance over the past couple of ...
In 2013 Virgin Money Australia was bought by Bank of Queensland for $40 million. [1] Under the deal, Bank of Queensland have rights to the Virgin Money name in Australia for four decades while paying royalties to the Virgin Group, and Virgin has a seat on the board of Bank of Queensland.
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Bank of Queensland Limited’s (ASX:BOQ) most recent return on equity was a substandard 9.29% relative to its industry performance of 10.87% over the past year. An investor may attribute anRead ...