Company Overview
St. George House
4-16 Montgomery Street
Kogarah, NSW 2217
Australia
Founded in 1848
8,420 Employees
Key Executives
Key developments for St. George Bank Ltd.
St. George Bank Limited will be removed from the official list of ASX Limited as at the close of business on September 29, 2009, at the request of the Company, under listing rule 17.11, following the Company’s announcement released on August 17, 2009 in relation to its intention to seek removal.
St. George Bank Ltd. reported consolidated earnings results for the six months ended March 31, 2009. For the period, the bank reported loss and loss attributable to equity holders of the bank of $14 million on interest income of $4,569 million and net interest income of $1,275 million compared to profit and profit attributable to equity holders of the bank of $529 million on interest income of $4,937 million and net interest income of $1,159 million for the same period a year ago. The bank reported net operating income before operating expenses and impairment charges of $1,685 million and loss before income tax of $11 million compared to net operating income before operating expenses and impairment charges of $1,762 million and profit before income tax of $890 million for the same period of last year. The bank reported net cash used in operating activities of $1,938 million compared to net cash used in operating activities of $1,328 million for the same period of last year.
St. George Bank Ltd. announced that Michael Bowan and Alexandra Crompton resigned as Secretaries of the bank effective February 3, 2009. Head of Group Secretariat, Anna Sandham and Corporate Counsel, Corporate and Secretariat, Les Vance have been appointed as secretaries.
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