Suncorp-Metway Limited is a part of The Suncorp Group and is Australia’s sixth largest bank and third largest general insurance group. It is in the top 20 of publically listed companies in Australia and manages more than $91.8 billion of assets. In 2001 The Suncorp Group’s customer base expanded significantly by the acquisition of general insurance companies GIO and AMP. Along with The Group’s 50% share in RACQ Insurance Limited and other Australian motoring clubs, Suncorp has developed into Queensland’s market leader of compulsory third party car insurance. Suncorp is also a major provider in the motor insurance and home contents industry in Australia and has a strong market share in New Zealand for personal and commercial and insurance. Today Suncorp provides services through its phone, internet and 177 retail outlets in all areas of finance, including life insurance, banking, agricultural banking and business banking.
Product Details
- Company
-
- Interest Rate
- 8.85%
- Comparison Rate
- No data available
- Interest Charged
- advance
- Approved Stocks
- 329
- Retail Funds
- 1524
- Wholesale Funds
- 197
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Buffer Margin
SharesFunds
-
5 %10 %
-
Average LVR
SharesFunds
-
58.02 %71.0 %
Product Features
International Shares
Are international shares available for this product?
Instalment Gearing y
If instalment gearing is available on this loan. Instalment gearing is where you invest in managed funds on a monthly basis using your money as well as money borrowed
Options Trading n
The buying and selling of stock and index options in the capital market so as to speculate for leveraged profits in every market condition or perform hedging to reduce portfolio risk
Lender Mix n
If the loan can be secured against both property and shares or both
RateCity