Bank of Queensland ramps up its Townsville operations

It's only February, but Bank of Queensland's Townsville staff feel like they're halfway to their next New Year's Eve as they work hard to reposition the tropical city as the Bank's new North Queensland headquarters.


Townsville's solid growth and strong economy has seen it take the mantle from Cairns as centre of the Bank's operations between Gladstone and Cairns.


The local community, in particular businesses, is already benefiting from the resulting dramatic expansion and re-focusing of our team.


A major change has been the 150% expansion of the Business Banking team and their relocation to more convenient premises above the Townsville branch in Stokes Street.


The team now comprises Area Manager David Leonardi, Business Banking Managers Bob Witty, Mike Lloyd and Peter Nichols and Rural Banking Manager Michael Hobson.


Regional Manager Stuart Edwards said much of the Bank's aggressive expansion would be centred in the north, with four new branches planned in the short term and many more on the horizon.


"Last year, Bank of Queensland held its first ever regional Board meeting in Townsville, further proof of the city's importance to the Bank's overall growth strategy," Mr Edwards said.


"Many community and business leaders took advantage of the Bank's Business Seminar and the rare opportunity to put questions and suggestions directly to the Bank's governing body.


"My staff and I had a chance to meet with many about their banking needs, and we took on board many proposals about how we could make banking with us more pleasurable and profitable.


"Business banking is an area we are looking to dramatically expand our presence in, and we are committed to going the extra mile to attract and retain business customers."