Which bank owns Suncorp?

Suncorp Group Limited is an Australian finance, insurance and banking company based in Brisbane, Queensland, Australia. Founded on December 1, 1996 by the merger of Suncorp, Metway Bank and Queensland Industry Development Corporation (QIDC), it is one of Australia’s medium-sized banks (by combining loans and deposits) and the largest property and casualty insurance group. is.

Metway Bank started as the Metropolitan Permanent Building Society which was founded in 1959. In the late 1980s, Metropolitan joined the trend among Australia’s building societies to expand into being full-scale banks. In 1988, Metropolitan abandoned its status as a building society to reincorporate as a bank. Metway, as the new bank was called, listed publicly and began acquiring a number of rival banks and building societies. Metway became the largest Queensland based bank by the mid 1990s. Metway’s operations also extended into the other eastern states and the assets of the bank were more than $7 billion.

An essential service like ours is an integral part of the community. We firmly believe we must contribute to a more resilient Australia. We continue to evolve Suncorp to ensure it remains relevant and competitive and we have defined four strategic foundations which guide the choices we make today and shape our focus for tomorrow.


Enhancing our skills and way of working to reflect the changing needs of our business


Driving stronger relationships through products and services that meet our customer’s needs

Digital & Data

Delivering value faster through smart, simple and trusted digital experiences


Being a voice for change on the topics that matter most to our customers, communities, people and industry.