Bendigo Bank’s pursuit of RACQ Bank comes as it’s under fire from AUSTRAC and APRA over systemic anti-money laundering failings.
RACQ has sounded out at least three Queensland lending rivals for merger talks since becoming a bank itself, but none have come to the party yet. The talks can be revealed with customer-owned RACQ ...
Bendigo&Adelaide Bank of Australia has entered into an agreement to acquire RACQ Bank's assets and deposits in the retail lending sector. This is reported in a press release from Bendigo Bank. The ...
RACQ has ditched banking, selling its retail bank to Bendigo Bank, including its $2.7bn loans book as 100,000 members will be transferred. This is what customers need to know. Bendigo Bank will ...
RACQ has become the first automobile club in the world to launch a mutual bank after merging with QT Mutual Bank in 2016. It has converted 13 QT Mutual branches and over the next few years will begin ...
Suncorp Bank’s not the only Queensland lender in swoopers’ sights, with regional banks and bigwigs casting their eyes over RACQ’s Queensland’s troubled banking arm. Motoring body RACQ got into banking ...
Queensland’s RACQ has just launched a new bank in the state, and already has ambitions to go nationwide. It’s a world first for an auto club and part of a five-year strategy to dull the impact of ...
The group will launch its first 13 bank branches around Queensland today including one at Cairns Central Shopping Centre. RACQ Group CEO Ian Gillespie said the organisation was committed to giving its ...
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