St George Bank (SGB)

  • By Jeff Cartridge

  • June 15, 2015
  • 11:01 am BST

St George Bank on the ASX Stock Exchange

Access the latest stock market reports on St George Bank at the bottom of the page.

NOTE: St George Bank was officially removed from the ASX listing of stocks on Tuesday the 29th of September 2009.

St George Bank ranks in Australia as the 5th largest bank which originated from the St George Building Society many years ago. Originally it merged with Advanced Bank and acquired Bank SA to establish its current structure.

St George’s main operating divisions are:

Banking has 4 major business divisions which are:

  • Personal banking
  • Wealth Management
  • Institutional & Business banking &
  • Bank SA

The personal banking arm looks after the retail customer, offering services such as residential and consumer lending, term deposits, small business banking and financial planning. On top of this St George bank manages retail branches, ATMs and internet banking.

The wealth management division looks after the fund management, margin lending, investment advice, private banking and general and life insurance.

Institutional banking plays a major part to the St George Bank Business model and includes services such as securitization, wholesale funding, treasury market activities, capital markets, foreign exchange, money market and derivatives, corporate and business banking, international and trade finance banking, leasing, hire purchase plus many other services such as automotive finance.

Bank SA is 100% owned by St George Bank and services the South Australian and Northern Territory states and have since started servicing country NSW and country Victoria. In 2007 St George Bank created an exciting partnership with BP, offering over 200 branded ATMs in BP sites across Australia.

St George Bank Quick Facts (as of Sept 2009)

  • Chairman:Mr John Simon Curtis
  • MD/CEO: Mr Paul Fegan
  • Industry Group: Banks
  • Shares on issue: 566,861,623
  • Market Cap: $12,527,642,089