ANZ acquires Suncorp Bank for $4.9B, adding 1.2M customers and expanding in Queensland.
ANZ completes acquisition of Suncorp Bank, adding scale to their Retail and Commercial businesses and expanding presence in Queensland. The $4.9B deal involves transitioning 1.2M Suncorp customers to ANZ's technology systems and digital platform, ANZ Plus. ANZ will invest in a disaster response center in Brisbane and establish a regional hub in Townsville, creating 120 jobs.
July 31, 2024
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