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Date Published : Thursday, February 14, 2008
The friendly-looking dragon logo of St George is well known throughout Australia in various forms but many people do not know much more about the company.
St George Bank is the fifth largest financial institution in Australia - behind ANZ, Commonwealth Bank, National Australia Bank and Westpac - despite it only being a major player in two of the nation's states.
Headquartered in Sydney, the bank's history actually derives from South Australia with the forming of BankSA in 1848. The St George Co-operative Building Society was formed at a public meeting in New South Wales in 1937. In 1955 the two merged.
The company's distinctive dragon logo comes from a number of reasons. The legend of St George the knight who slayed a dragon is the most notable and it was introduced as the bank headquartered in the St George region of Sydney.
St George Bank is strong on retail and home lending, with competitive rates on other services such as health insurance, for example. They provide a range of banking services, such as a banking accounts, home and personal loans, credit cards and insurance.
Last year, St George Bank won two prestigious Money Magazine awards. On receiving the prizes, head of consumer lending Ed Box said: "This award really cements our position as the leader in the low rate credit cards market and we are delighted for the recognition."
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