Suncorp reviewing banking operations: report
  • X
  • LinkedIn
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Suncorp reviewing banking operations: report

suncorp_Brisbane_logo_2021.png

Suncorp could sell off its A$5bn ($3.5bn) banking arm to concentrate on its far larger insurance arm, according to reports.

The Australian Financial Review speculated on Sunday that Suncorp is looking to divest its banking operation, prompting the group to put out a statement today.

“Suncorp,

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Gift this article