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HBOS Australia Grows South Australian Business

13 November 2006

HBOS Australia has outgrown its premises in South Australia after tripling its market share growth over the past two years

HBOS Australia, one of Australia's fastest growing financial services institutions has outgrown its premises in South Australia after tripling its market share growth over the past two years. 

The group, which comprises BankWest and equipment finance provider Capital Finance, has moved to the new KPMG building in Pirie Street.

Peter Panas, South Australian State Manager for HBOS Australia said the relocation is an indication of the success of the HBOS Australia growth strategy.

"We are determined to grow our business and become a major financial services provider in Australia.  We are focused on providing real banking and finance alternatives to Australians with value for money products and outstanding service.

"We have been in Adelaide through our BankWest business for more than 15 years and have helped many South Australian businesses grow and flourish.  Our point of difference is on building specialised understanding of different sectors and treating each business individually.  Being part of HBOS Australia means we can offer diversified finance options to our customers," Mr Panas said.

The larger premises will allow HBOS Australia to accommodate more staff to continue to meet the needs of its growing customer base.  Over the last two years HBOS Australia has grown from 25 BankWest representatives to more than 80 HBOS Australia staff.  

ENDS

Notes to Editors:

  • HBOS Australia Pty Ltd is a holding company formed in 2004 to oversee the operations of the Australian operations of UK financial services group, HBOS plc.  HBOSA comprises four diverse financial services operations - BankWest, Capital Finance, St Andrew's Australia and BOS International. Its parent, HBOS plc, is one of the world's largest financial services groups.

 

Media Contact:
Natalie Causley     
Media Relations Manager, HBOS Australia 
Tel: (02) 8299 8261 or 0400 241 663 
natalie.causley@hbosa.com.au

-Ends-

Media Inquiries:

Sally-Ann Parker, +61 (2) 8299 8453
Bridget Tombleson, +61 (8) 9449 6768
Natalie Causley, +61 (2) 8299 8261

Out-of-hours media calls: 1300 785 070

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