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BOQ Completes $3.62 Billion Equipment Finance Sale to Challenger

5:02pm on Friday 1st of May, 2026 AEST Financials
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BOQ Completes $3.62 Billion Equipment Finance Sale to Challenger

5:02pm on Friday 1st of May, 2026 AEST
Key Points
  • BOQ sells $3.62 billion equipment finance portfolio to Challenger
  • Transaction key to BOQ's transformation to a specialist bank
  • Non-cash loss of $52 million expected in 2026 financials
  • Sale proceeds to reduce funding and enable capital returns
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about Bank of Queensland (ASX:BOQ)
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