BOQ Passes on full Rate cut to Variable Rate Home and Business Loan Customers
Following the Reserve Bank of Australia (RBA) board meeting on 6 August 2013, BOQ will pass on the full 25 basis point rate cut this month to its Standard Variable Rate Home Loan customers and variable Business Term Loan customers.
To Have and to Hold: BOQ Survey Reveals Australians Have the Longest Relationship With Their Bank
According to a national BOQ study announced today, the relationship Australians forge with their bank is the longest compared to other major services, with those surveyed reporting they had banked with the same financial institution for an average of 16 years.
On 10th April 2013 BOQ announced the expansion of its distribution footprint through the acquisition of Virgin Money (Australia) Pty Ltd (VMA), the Australian retail financial services arm of the Virgin Group.
BOQ Announces Offer for its Guaranteed Senior Unsecured Notes due 25 October 2013
BOQ today announced commencement of an offer to buyback A$653,000,000 from holders of its Senior Unsecured Floating Rate Notes (ISIN AU3FN0009700), due 25 October 2013 and guaranteed by the Commonwealth of Australia (the Notes).