Bank Australia (BAL) has bolstered its competitive standing with the recent completion of its merger with Qudos Bank, aiming to maintain a robust capital position as it continues expanding.
The merger, finalised on 1 July 2025, saw Qudos Bank transfer all assets and liabilities to BAL. Both Bank Australia and Qudos Bank brands will continue operating post-merger. Additionally, BAL plans to acquire Australian Unity Bank’s assets and liabilities during fiscal 2026, further expanding its footprint.
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