From Pens to Paintbrushes – Local Bankers Participate in Inaugural Community day
Bank of Queensland staff from two Business Banking Centres will be putting down their pens and picking up paintbrushes when they participate in their inaugural community day at Wamuran Park Home on Friday, 12 December.
Bank of Queensland Limited (BOQ) announced today at its AGM an offer to eligible shareholders to apply for up to $10,000 worth of ordinary shares under the Bank of Queensland Share Purchase Plan (Plan), at an issue price discounted to the average market price of BOQ shares on ASX.
Bank of Queensland Limited will today issue 2,934,016 ordinary shares under the BOQ Dividend Reinvestment Plan (DRP) and the DRP underwriting at an issue price of $10.0882 per share, raising $29,598,940. The DRP was partially underwritten by Macquarie Capital Advisers Limited to 50% of the Final 2008 Dividend.
Partial Underwriting of Dividend Reinvestment Plan
Bank of Queensland Limited (BOQ) has today entered into an agreement with Macquarie Capital Advisers Limited to partially underwrite BOQ's Dividend Reinvestment Plan (DRP) in respect of the 2008 Final Dividend.
All Deposits with Bank of Queensland 100% Government-guaranteed
The Federal Government’s promise to guarantee all deposits with Bank of Queensland and other Australian authorised deposit-taking institutions for three years means depositors with BOQ can be confident their money is absolutely safe.
BOQ has announced a record normalised cash profit after tax of $155.4 million for the 2007/08 financial year, an increase of 46% on last year, which flowed through to growth in normalised cash diluted earnings per share of 11%, after allowing for the Home Building Society acquisition.
Local Bank Teller’s Effort Awarded by $20,000 Donation to Bowen Christian Family Centre
The Bowen Christian Family Centre has received a $20,000 donation from Bank of Queensland on behalf of their local Senior Customer Service Officer Helen Youse, who this week won the Bank’s Gold Managing Director’s Award for Community Involvement.
Simon Black Banks on Off-field Investment on Coast
Despite missing a record-equalling second Brownlow medal by the narrowest of margins, AFL star Simon Black has still celebrated a significant career milestone by opening his second Bank of Queensland Owner-Managed Branch (OMB).
Unique Model Gives BOQ Customer Edge in Tough Market
A focus on relationship banking and a unique business model appears to have given Bank of Queensland an edge in servicing business customers, as it retains the number one spot in the fourth East & Partners Sentiment Index in a row.
BOQ Strathpine Insures Local Students see Canberra
Bank of Queensland Strathpine is helping a year seven group from Holy Spirit school at Bray Park travel to Canberra, by covering the cost of travel insurance for the 35 students and six teachers going.
BOQ Announces new Chairman, and MD Extends Contract
Bank of Queensland announced that Managing Director David Liddy has agreed to extend his contract until 2011 and long-standing board member Neil Summerson would become the company’s new Chairman, replacing retiring Chairman Neil Roberts.
Bank of Queensland’s focus on providing relationship banking and its demonstrated experience in its home market has paid off, with BOQ taking the number one spot in the latest East & Partners Sentiment Index of business customers.
Sick and injured children joined AFL legend Luke Power and Bank of Queensland executives today to launch the fourth annual Banking on our Kids appeal, which runs throughout July and raises money for Children’s Hospital Foundations Australia (CHFA).
Member for Maroochydore and Deputy Leader of the Opposition Fiona Simpson has officially opened Bank of Queensland’s new Private Bank in Maroochydore, citing the Coast’s growing economy and energetic business scene as a key attraction for the facility.
Bank of Queensland Managing Director David Liddy is in Mackay to address local staff, including former Pioneer Permanent Building Society employees, about the Bank’s strong growth and prospects in the region.
Bank of Queensland has appointed a former director in ANZ’s Institutional Banking business, Brandon Stannett, to head its Equipment Finance business and maintain the growth of its $2.9 billion EF portfolio.
Springvale has welcomed its first locally owned and managed full-service bank branch, with local bankers Vinh Ly, Ben Pham and Long Pham opening the doors of the Bank of Queensland franchise at 349 Springvale Road.
BOQ Delivers Record Growth Despite Difficult Environment
Bank of Queensland announced an interim Normalised Cash Net Profit After Tax¹ of $65.3 million for the first half of the 2007/08 financial year, an increase of 33% on the prior comparable period (pcp), leading to growth in Normalised Cash Diluted Earnings Per Share of 10%.
Bundaberg now has its very first bank owned and operated by locals, with the Bank of Queensland branch on the corner of Barolin and Bourbong Streets set to be purchased by local businessmen Paul Devlin and Peter Glover.