Investor Presentaiton
Business banking overview
BOQ GROUP
Summary
> Total income grew 7%, reflecting strong lending balance growth of 8%
and focused margin management in an environment of increasing
competition
> Lending momentum was underpinned by above system growth in SME
($0.6bn) and housing ($0.6bn), and $0.5bn of additional lending to large
corporates
> The business remained focused on portfolio optimisation and delivering
improved risk adjusted returns during the year
> $0.9bn of growth in customer deposits, helping to support asset growth
across the Group
> Ongoing supply chain issues subdued growth across the BOQ
Specialist asset finance portfolio, offset by solid growth in BOQ Finance
› An ongoing focus on policy, process and technology enhancements
continues to deliver benefits to customers and our people
Strong housing and business lending growth ($bn)
1.1
0.2
0.4
0.5
FY21
Housing & Consumer
+55%
1.8
0.1
1.1
0.6
FY22
Business
Asset Finance
Uplift in deposit funding ($bn)
10.8
1.4
1.1
6.4
+8%
11.7
2.0
1.3
6.2
BANK OF QUEENSLAND LIMITED 2022 Full Year Results Presentation
1.9
2.2
FY21
FY22
■Transaction Accounts
■Savings & Investments
Offsets
■Term Deposits
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