Bank of Queensland (1917–1922)

The Bank of Queensland was a bank in Queensland, Australia. It flourished between 1917 and 1922. It was created by the January 1917 merger of the Royal Bank of Queensland with the Bank of North Queensland.[1]

Staff members of the Bank of Queensland, Brisbane, 1922

The National Bank was not well represented in Queensland and intending to expand itself into a truly national institution bought the Bank of Queensland for cash on 9 January 1922 "for a price corresponding with the actual assets of £520,000". Their offer was accepted by the former shareholders immediately after it was approved by the National Bank's shareholders.[2]

Other trading banks named Bank of Queensland
1863—1866

A Bank of Queensland had been established in London[3] and opened for business in Brisbane on 13 August 1863 in the renovated premises of the former Joint Stock Bank.[4]

Caught by the fall-out from the July 1866 collapse of the major London discount house Overend, Gurney and Company the shareholders agreed at the end of 1866 to voluntarily wind the bank up.[5]

1970—

The Bank of Queensland's name has since been taken by the Brisbane Permanent Benefit Building and Investment Society, Queensland's first permanent building society founded in 1874 and incorporated in 1887 when it began operations as a savings bank.

Licensed as a trading bank in 1942 it took on the name Bank of Queensland in 1970.

Notes

    References
    1. The Week (Brisbane, Qld. : 1876 - 1934) Fri 26 Jan 1917 Page 21 Trove accessed 25 May 2020
    2. Warwick Daily News (Qld. : 1919 -1954) Tue 10 Jan 1922 Page 5 Trove accessed 25 May 2020
    3. The Argus (Melbourne, Vic. : 1848 - 1957) View title info Wed 4 Mar 1863 Page 7
    4. North Australian and Queensland General Advertiser (Ipswich, Qld. : 1862 - 1863) Thu 13 Aug 1863 Page 3
    5. Queensland Times, Ipswich Herald and General Advertiser (Qld. : 1861 - 1908) Thu 27 Dec 1866 Page 4


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