Strong home-market position in the booming state of Queensland Improvements in scale and diversity with expanding national footprint Conservative credit controls and underwriting standards Exposure to integration risks with relatively larger appetite for acquisitions and expansion Growing competitive pressures in an increasingly volatile market environment Some concentration in the Queensland housing sector The BBB+/Stable/A-2 credit ratings on the Bank of Queensland (BoQ) reflect the bank's strong market position in the growing Queensland market, increasing national footprint, and its maintenance of good credit standards. BoQ provides various products including retail as well as commercial banking and lending products. Based in the Australian state of Queensland, the bank also has a presence in the equipment and debtor finance space. The bank has
