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BoQ to seek more acquisitions in 09

Staff Reporter 1 minute read

Bank of Queensland will focus once again on acquisition and merger opportunities in the new year, chief executive David Liddy confirmed yesterday.

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Speaking after the bank’s annual general meeting Mr Liddy said BoQ would embark on a six month review of the company with strategic partnerships and acquisitions on the agenda, The Australian Financial Review reported today.

But while Mr Liddy was keen to grow by acquisition he said he wanted BoQ to remain a “big small bank”, talking down any possibility of merging with one of the big four.

BoQ has recorded a string of acquisitions including most recently Home Building Society and Pioneer Building Society.


BoQ to seek more acquisitions in 09
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