Investor Presentaiton
RETAIL BANKING OVERVIEW
STRONG LENDING GROWTH FOR VMA - IMPROVED PERFORMANCE FOR BOQ BLUE
SUMMARY
.
•
VMA continuing to deliver good growth in a maturing portfolio
BOQ Blue contracting at a slower rate due to increased
acquisition volumes and improving branch productivity
• Increased customer deposits by $1.5bn during the year
IMPROVED HOME LENDING GROWTH ($M)¹
-248
-216
73
-8
469
445
489
225
(233)
(416)
(717)
(661)
SOLID DEPOSIT FUNDING ($BN)
BOQD
GROUP
1H19
2H19
1H20
2H20
Net Growth
VMA
BOQ Retail
CONTINUED MOMENTUM FOR VMA
+10%
15.4
15.8
15.7
17.2
$3BN
1.5
1.5
1.8
1.6
1.5
1.5
2.0
1.6
5.7
6.5
6.8
7.8
6.7
6.3
5.7
5.6
1H19
2H19
1H20
2H20
■Term Deposits
At Call
Offsets
FY20 lending
balance (28%
annualised growth
rate)
■Transaction Accounts
(1) BOQ Retail home lending growth excludes BOQ Business home lending growth
Bank of Queensland Limited 2020 Full Year Results Presentation
$4M
FY20 profit before tax
across partnerships
(-48% PCP)
$471M
FY20 credit card
receivables
(-25% PCP)
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