Bank of Queensland Limited (BOQ.AX) operates as a regional bank providing retail and business banking services throughout Australia. The company offers transaction, savings, and term deposit accounts; home loans, personal loans, and car loans; debit and credit cards; insurance products including home, contents, and car coverage; business transaction accounts, overdrafts, and commercial lending facilities; asset finance, equipment leasing, cash flow finance, and structured finance solutions through its wholly owned subsidiary BOQ Finance; specialist banking for medical, dental, veterinary, and accounting professionals via BOQ Specialist; and digital banking through brands such as ME Bank and Virgin Money Australia. BOQ Group maintains a nationwide branch network, mobile banking services, and online platforms serving individual consumers, small-to-medium enterprises, and niche professional segments primarily in Australia and New Zealand. Founded in 1874 and headquartered in Newstead, Queensland, the company functions as an alternative to major banks with segments in Retail Banking and Business Banking.
In recent developments, BOQ Group announces a strategic partnership with Capgemini in August 2025 to accelerate digital transformation and simplify operations. The bank appoints Julian Russell as Group Executive Business Bank effective April 2025 and Paul Riordan as a new non-executive director from the same period. BOQ plans to relocate its head office to 360 Queen Street, Brisbane, in October 2026 after a decade in Newstead, while implementing enhanced customer security measures including cryptocurrency transaction limits and biometric onboarding checks in April 2025. Earlier acquisitions include ME Bank in July 2021 for A$1.325 billion to expand retail scale and digital capabilities, and Investec Bank (Australia) Limited in 2014 to bolster business finance offerings.