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Suncorp Bank is officially Norfina Limited [1] and part of ANZ Group (originally the Suncorp Group), with head offices in Brisbane, Australia. From its beginnings in 1902 [ 2 ] as the Queensland Agricultural Bank, Suncorp Bank has grown into the sixth largest [ 3 ] bank in Australia .
Suncorp Group Limited, known simply as Suncorp, is an Australian finance, insurance and banking corporation based in Brisbane, Queensland, Australia.It was formed on 1 December 1996 by the merger of Suncorp, Metway Bank and the Queensland Industry Development Corporation (QIDC), and is one of Australia's mid-sized banks (by combined lending and deposits) and its largest general insurance group.
RACQ Bank [33] Brisbane: 1965: Owned by Royal Automobile Club of Queensland: Regional Australia Bank: Armidale: 1969: Rural Bank (previously Elders Rural Bank) [34] Melbourne: 2000: Subsidiary of Bendigo & Adelaide Bank: St George Bank: Sydney: 1992: Subsidiary of Westpac: Suncorp Bank: Brisbane: 1902: Subsidiary of ANZ: Teachers Mutual Bank ...
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In July 2022, ANZ agreed to terms with Suncorp to purchase Suncorp Bank for $5 billion. [72] However, the Australian Competition & Consumer Commission (ACCC) blocked the deal in August 2023. [73] On 20 February 2024, the Australian Competition Tribunal overturned the decision by the ACCC, paving the way for ANZ to acquire Suncorp Bank. [74]
Suncorp-Metway Limited (Suncorp), part of the Suncorp Group, is Australia's fifth largest and leading regional bank. With more than $96 billion in assets, it is among the top 25 companies listed ...