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Bank of Queensland
LoanCaddie Opinion
Bank of Queensland is a mid-sized bank. Since it is not a major bank, it is required to be competitive in order to grow. As a result, it one of the most accommodating credit policies and can also compete in interest rates.
Facts and lender background
History
BOQ is one of Australia's leading regional banks. It is among the few still not owned by one of the big banks. BOQ has operated since 1874.
Size
Credit Rating
BOQ is rated BBB+ by S&P. The Australian Government's guarantee on deposits under the Financial Claims Scheme applies to deposits held with BOQ.
Ownership
Bank of Queensland is publicly listed on the ASX.
Funding
BOQ is 70% funded by customer deposits. The remained is funded by the wholesale capital market.
Customer service
Product Review Rating
average is 2.1 / 5
Branch network
BOQ has 252 branches throughout Australia, including 78 corporate branches and 166 "owner managed" branchesYou are able to transact at more than 3,200 Australia Post outlets that display the Bank@Post sign. This provides you with real-time deposits and the ability to draw cash.
Internet banking
Internet banking is available.
ATM/EFTPOS
BOQ customers have ATM operator fee free access to over 10,000+ ATMs including rediATM, BOQ preferred ATM network and some other Australia banks' ATMs.