Browse Entities

Brisbane Permanent Building Society and Banking Company Limited (1887 - 1970)

From
1887
Brisbane, Queensland
To
1970

Summary

Formed in 1887 from the Brisbane Permanent Building and Investment Society. The company subsequently absorbed the City and Suburban Building Society (1921] and the Queensland Deposit Bank Ltd [1931]. In 1932 a major proportion of the business of the Federal Deposit Bank Ltd (in voluntary liquidation) was purchased. In 1970 the company the name Bank of Queensland Ltd.

Skip to

Details

The Brisbane Permanent Benefit Building and Investment Society was formed in August 1874. The society's constitution was remodelled in 1887 and a company structure was adopted. It was incorporated in Queensland on September 2, 1887. It amalgamated with the City and Suburban Building Society on March 23, 1921. On December 15 1931, the company absorbed the Queensland Deposit Bank Limited. It purchased the greater portion of the business of Federal Deposit Bank Ltd. (in voluntary liquidation) in March 1932. In 1942 the company received a license to operate as a trading bank.

A takeover bid from Lombard Banking Limited of London in September 1958, was unsuccessful. In October 1960, the company sponsored the formation of Permanent Finance Corporation Ltd, in which it providing 40% of the initial paid capital (800,000 ordinary shares).

In May 1970 the company changed its name to the Bank of Queensland Limited.

Timeline

 ? - 1890 South Brisbane Building Society and Deposit Bank Limited
 1886 - 1924 Queensland Deposit Bond and Building Society Limited
 1887 - 1908 Federal Building Loan and Investment Society
       1874 - 1887 The Brisbane Permanent Building and Investment Society
       1878 - 1921 City and Suburban Permanent Building and Investment Society
       1908 - 1932 Federal Deposit Bank Limited
       1924? - 1931 Queensland Deposit Bank Limited
             1887 - 1970 Brisbane Permanent Building Society and Banking Company Limited
                   1970 - Bank of Queensland Limited [II]

Archival resources

Bank of Queensland Limited

  • Bank of Queensland Limited records, 1874 - 1986; Bank of Queensland Limited. Details

Published resources

Books

  • Murrell, A.N., The first one hundred and ten years: Bank of Queensland Limited 1874-1984: a history, Boolarong Publications for Bank of Queensland, Brisbane, 1987, 81 pp. Details

Bruce A. Smith

Created: 29 February 2000, Last modified: 12 August 2020