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On 1 December 1996, the Queensland Government owned Suncorp [5] and QIDC entities were merged with the publicly listed company Metway Bank to create the new allfinanz group Suncorp Metway. At the time of the merger, Suncorp and QIDC were 100% Queensland Government owned. Suncorp was operating as an allfinanz group with approximately $10 billion ...
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]
ANZ Bank New Zealand Limited (or simply ANZ) is a New Zealand banking and financial services company, which operates as a subsidiary of Australia and New Zealand Banking Group Limited of Australia. ANZ is one of New Zealand's big four banks, and is the largest bank in New Zealand with approximately 30% of market share as of March 2021. [5]
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.
In December 2003, the Australia & New Zealand Banking Group purchased the National Bank. [8] Included in the sale was the right to continue to use the Black Horse logo for seven years. [9] In September 2012, ANZ announced that the National Bank brand would be retired in favour of the ANZ brand over the next two years. [10]
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank.There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, [1] and a large number of other financial institutions, such as credit unions, building societies and mutual banks ...
The ANZ Championship was founded in 2007 and played it inaugural season in 2008. The competition was owned and administered by Trans-Tasman Netball League Ltd (TTNL), a joint venture between Netball Australia and Netball New Zealand. It was effectively a merger of Australia's Commonwealth Bank Trophy and New Zealand's National Bank Cup.
On December 22nd 2015, Auswide Bank announced a merger with the Brisbane based Queensland Professional Credit Union (trading as Your Credit Union). The merger was completed on May 20th 2016. [12] 2024 in August 2024 it was announced that Auswide Bank and MyState Financial, based in Tasmaina were seeking a merger [13]