BoQ signals desire for Suncorp's equipment finance

The Bank of Queensland's recent $340m capital raising has bolstered its desire to grow in scale by buying Suncorp's equipment finance loan book.

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The Bank of Queensland's recent $340m capital raising has bolstered its desire to grow in scale by buying Suncorp's equipment finance loan book.

According to a report in The Australian Financial Review, chief executive David Liddy said a deal to purchase Suncorp's lease finance portfolio for $2 bn was possible.

"[Suncorp] have stated it's non-core to their business. It's certainly core to us. So if an opportunity presented itself, we'd certainly have a look at that stuff."

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