Virgin Money Australia has announced that the company will re-introduce mortgages to their repetoire within the next 12 months.
Virgin Money Australia, having been acquired by the Bank of Queensland in April of 2013 - Managing Director and Chief Executive of BOQ, Jon Sutton.
“We can continue to drive growth through our existing strategy especially when you consider we’re still below our peers’ market share in the broker channel and we have further upside through BOQ Specialist, as well as Virgin Money Australia where we expect to launch mortgages within 12 months,” said Mr Sutton.
The UK division of Virgin Money, still run by Sir Richard Branson’s Virgin, has been a dominant player in the mortgage game around the world.