Bank Of Queensland delivers on promise to Central Queensland

Bank of Queensland is delivering on its promise to improve Central Queensland's access to essential financial services with the opening of new branches in Biloela and Yeppoon this week.


On his last visit to Rockhampton in April, the Bank's Managing Director David Liddy gave a commitment to not only "wow" their existing customers but to further expand the range and quality of their services throughout the region.


In stark contrast to the big banks - which have closed 38 branches in Central Queensland, including five in Rockhampton and two in Gladstone, in the past six years - Bank of Queensland remains committed to taking a full and active role in the region's strong growth and development.


By August 2004, the Bank will have opened at least 38 new branches throughout Queensland in just over two years - a significant investment in the State.


The branch in Biloela, hub of the rapidly developing Banana Shire, was officially opened by Mayor Cr Glenn Churchill, who praised Bank of Queensland's move as a positive step and an indication of its confidence in the area's future.


Bank of Queensland Yeppoon will be opened tomorrow by veteran MP and former Cabinet Minister Vince Lester (State Member for Keppel), an outspoken critic of Big Bank closures in rural and regional areas for many years.


Managing Director David Liddy said the Bank's continuing growth in rural and regional areas, especially those previously abandoned or ignored by the big banks personified its five core values - Passion, Achievement, Courage, Integrity and Teamwork.


"For years, we have seen the big banks shrinking away from regional cities and rural towns throughout Queensland with devastating impact on these communities," Mr Liddy said.


"This week, Bank of Queensland has added another plank to its record of supporting Queensland communities.


"Both new branches will be owned and managed by banking professionals drawn from the local community.


"This innovative approach ensures the Bank maintains a strong connection with and loyalty to our customers wherever they are and enables us to continue providing the top-quality, personal, face-to-face service for which our branches are justifiably renowned."


Tonight, Mr Liddy and senior Bank management will meet with business and community leaders in Rockhampton to ensure the Bank continues to provide the sorts of services required by residents and businesses and to assist growth in this rapidly developing region.