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Virgin Money Australia
Virgin Money Australia is an Australian financial services company owned by Bank of Queensland, and has 150,000 customers. History Foundation In 2003, Virgin Money was launched in Australia with the launch of Virgin Money credit cards. Virgin Money Australia initially launched in partnership with Macquarie Bank, followed by Westpac under a five-year agreement. At the time of Virgin Money's launch in Australia the group company that combined the Virgin Money UK and Australian operations was co-owned by Virgin Group and HHG Group. In 2004 100% ownership of that UK/Australia group company was acquired by Virgin Group for AU$219 million. First products It added superannuation (2005) and home loans (2008) to their product suite. The card was Australia's first no annual fee credit card. The card was marketed as a cheaper option to most other credit cards with up to 55 interest-free days and an interest rate of 12.99% (April 2007). Customers were entitled to offers through the cr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company Limited By Shares
A private company limited by shares is a class of private limited company incorporated under the laws of England and Wales, Hong Kong, Northern Ireland, Scotland, certain Commonwealth jurisdictions, and the Republic of Ireland. It has shareholders with limited liability and its shares may not be offered to the general public, unlike those of a public limited company. "Limited by shares" means that the liability of the shareholders to creditors of the company is limited to the capital originally invested, i.e. the nominal value of the shares and any premium paid in return for the issue of the shares by the company. A shareholder's personal assets are thus protected in the event of the company's insolvency, but any money invested in the company may be lost. A limited company may be "private" or "public". A private limited company's disclosure requirements are lighter, but its shares may not be offered to the general public and therefore cannot be traded on a public stock exch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by Paul Reuter. The Thomson Corporation of Canada acquired the agency in a 2008 corporate merger, resulting in the formation of the Thomson Reuters Corporation. In December 2024, Reuters was ranked as the 27th most visited news site in the world, with over 105 million monthly readers. History 19th century Paul Julius Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions of 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2003
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ancie ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2003 Establishments In Australia
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious and cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virgin Money
Virgin Money may refer to: * Virgin Money (brand), a financial services brand owned by Virgin Group * Virgin Money UK, a British banking and financial services company owned by Nationwide Building Society Nationwide Building Society is a British mutual financial institution and the largest building society in the world. As of 2024, it serves over 16 million members and operates entirely for their benefit, without shareholders. The society was e ... * Virgin Money Australia, an Australian banking and financial services company owned by the Bank of Queensland * Virgin Money US, a former US loans company {{Disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Oceania
This is a list of banks in Oceania Australia Central bank *Reserve Bank of Australia Major banks *Australia & New Zealand Banking Group, ANZ Bank **Suncorp Bank, Suncorp *Commonwealth Bank **Bankwest *Macquarie Group, Macquarie Bank *National Australia Bank *Westpac **BankSA **Bank of Melbourne (2011), Bank of Melbourne **St George Bank Foreign banks * HSBC Bank Australia * ING Bank Australia Local banks *Bank of Queensland **ME Bank *Bendigo & Adelaide Bank Defunct banks *State Bank of Victoria *State Bank of New South Wales *Advance Bank *Bank of Melbourne (1989), Bank of Melbourne Fiji Central bank *Reserve Bank of Fiji Local banks *Bank of South Pacific *ANZ (Fiji) *HFC (Fiji) *Westpac (Fiji) *Bank of Baroda *BRED Bank (Fiji) Kiribati Central bank *Development Bank of Kiribati *Alkami Bank *Bandhan Bank *Kiraboshi Bank *Business Link Pacific Bank Micronesia Central bank *FSMDB *DFCC Bank New Zealand Central bank *Reserve Bank of New Zealand Local banks *ASB Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks In Australia
The following is the list of Banking in Australia, banks in Australia, as well as restricted Authorised deposit-taking institution, authorised deposit-taking institutions (ADI), credit unions, friendly society, friendly societies and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the ''Banking Act 1959'' (Cth), as at 2 August 2017. Central bank The Reserve Bank of Australia (RBA) is Australia's central bank and banknote issuing authority. It has had this role since 14 January 1960, when the ''Reserve Bank Act 1959'' removed the central banking functions from the Commonwealth Bank. The bank's main policy role is to control inflation levels within a target range of 2–3%, by controlling the unemployment rate according to the 'non-accelerating inflation rate of unemployment' (NAIRU) by controlling the official ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Banks
Lists of banks are contained in the following articles: By continent * List of banks in Africa – Each country in Africa has a list of banks operating in that country * List of banks in Asia – Each country in Asia has a list of banks operating in that country * List of banks in the Americas – Each country in the Americas has a list of banks with operations in that country * List of banks in Europe – Each country in Europe has a list of banks operating in that country * List of banks in Oceania – Each country in Oceania has a list of banks operating in that country By super continent or intercontinental region * List of banks in the Arab world – Each Arab country has a list of banks operating in that country * List of largest banks in Southeast Asia – Each country in Southeast Asia has a list of banks with operations in that country Other lists * List of international banking institutions – List of international and multilateral financial institutions ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Australia
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing. Banks require a bank licence under the ''Banking Act 1959''. Foreign banks require a licence to operate through a branch in Australia, as do Australian-incorporated foreign bank subsidiaries. Complying ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Virgin Money (brand)
Virgin Money is a financial services brand used by two independent brand-licensees worldwide from the Virgin Group. Virgin Money branded services are currently available in Australia and the United Kingdom. The brand formerly operated in South Africa and the United States. Each Virgin Money branded entity acts independently from the others, thus the products vary from country to country. Current brand licensees Virgin Money Australia Virgin Money currently has operations in Australia with 150,000 customers and is owned by Bank of Queensland. Virgin Money UK Virgin Money currently has operations in the United Kingdom. The company was initially established as a personal finance company under the name of Virgin Direct in 1995, and the Virgin Money brand itself was introduced in 2000. Virgin Money vastly increased its size and customer base in 2012 with the purchase of the so-called 'good bank' portion of the nationalised Northern Rock bank. In 2018, the entire UK operation of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Visa Credit Card
Visa Inc. () is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards. Visa does not issue cards, extend credit, or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion. This article is authored by a ''Forbes'' staff member. Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. Available through SpringerLink. In response to competitor Master Charge (now Mastercard ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Velocity Frequent Flyer
Velocity is the frequent-flyer program of Virgin Australia Holdings. History Velocity was launched by Virgin Blue (later renamed Virgin Australia) in 2005 as Velocity Rewards, with partner National Australia Bank offering a companion credit card. Initially, Velocity differed from most other frequent flyer programs with points earned being based on the cost of a flight, rather than distance. Velocity members originally earned 6 points per dollar spent on Virgin Blue flights. By 2007, points earned in loyalty programs operated by Westpac, American Express and Diners Club could be transferred to Velocity Rewards, as well as from the ANZ loyalty program from September 2008. As part of Virgin's effort to attract business travellers, status levels were introduced to the program in late 2007. Alongside the entry-level "Red" status, members could attain "Silver" and "Gold" status, each with its own set of benefits. With the introduction of status levels, the earning rate was changed: R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
