Bundll is one reason
BOQs card business is cactus and Bundll is showing some significant stickiness in its user base.
BOQ is well known as a leading leasing finance player. In fact leasing is its primary lead into new client acquisition in Corp bank.
BOQ could also leverage its high quality securitisation pricing for additional margin.
there are too many reasons to list
BANK OF QUEENSLAND PROCEEDING TAKEOVER OFFER?, page-27
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