Скачать или смотреть Who Owns Bank of Sydney? Ownership, Regulation & Deposit Protection Explained

Who owns Bank of Sydney? The ultimate parent is Bank of Beirut, a Lebanon-based commercial bank with international subsidiaries. Bank of Sydney’s ownership structure is rooted in the acquisition of Laiki and Beirut Hellenic operations in Australia, which were later rebranded under the current name.

As an Authorised Deposit-taking Institution (ADI), Bank of Sydney operates under Australia’s prudential and conduct frameworks. Oversight by ASIC and AUSTRAC ensures that compliance and reporting standards are met, providing customers with greater confidence in the stability of their banking experience.

One of the most important benefits for customers is protection under the Australian Government’s Financial Claims Scheme. Eligible deposits are guaranteed up to AU$250,000 per account holder, giving depositors security and peace of mind.

The Bank of Beirut, headquartered in Lebanon, continues to serve as the ultimate parent company, maintaining transparency through international financial disclosures and public filings. This global connection supports Bank of Sydney’s trusted presence in the Australian banking market.

In this video, we break down Bank of Sydney’s ownership, regulation, and deposit protection in clear terms to help you better understand where your bank stands.

00:09 — Ownership overview
00:24 — Regulatory status
00:37 — Deposit protection
00:49 — About bank of beirut
01:01 — Summary

Read more - https://bankchart.com.au/news/who_doe...

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