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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 ...
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.
Bank Australia is an Australian customer-owned bank based in Collingwood, Victoria. The organisation can trace its origins back to 1957, when the CSIRO Co-operative Credit Society was formed. Over succeeding years, mergers among 72 other credit unions and co-operative banks eventually led to the creation of the Members & Education Credit Union ...
John Symond owned 90% of the company, with Nick Paten retaining a 10% stake. [2] The company was unique in its approach to home loans, offering 24 hours a day service and lower interest than loans offered by banks. [citation needed] In 1994 the firm securitised its loan book, allowing them to offer loans upwards of 3% cheaper than its competitors.
Australian Military Bank (previously Australian Defence Credit Union) [5] Sydney: 1959: Australian Mutual Bank (previously Sydney Credit Union & Endeavour Mutual Bank) [6] Sydney: 1953 Customer-Owned [7] Certified 2022 [8] Australian Settlements Limited [9] Sydney: 1993: Australian Unity Bank [10] Melbourne: 1840 Subsidiary of Australian Unity ...
AMP Limited (formerly Australian Mutual Provident Society) is an Australian financial services company that operates in Australia and New Zealand. It offers superannuation and investment products, financial advice and banking services through AMP Banking , including home loans and savings accounts .
Company insiders, including board members and corporate executives, own a further 0.06% of the outstanding common stock. And the public at large owns the remaining 39%. Institutional investors
This list displays all five Australian companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.