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Andrew Hadley says the economies of scale of a merged organisation would provide a range of benefits.

P&N ponders $6bn tie-up

P&N Bank is considering a merger with regional east coast credit union bcu, which is about half the size of the Perth-based lender, to form a combined group with a $6 billion asset base and 150,000 customers across the country.

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Branches

7th-Bank of Queensland20
8th↑Aussie19
9th-P&N Bank15
10th-Beyond Bank Australia8
11th-HSBC4
25 banks & non-bank lenders ranked by number of branches in WA

WA Revenue

15th-Baptistcare$102.5m
16th-Southern Cross Care WANFP
17th↑P&N Bank$90.9m
18th↓MDA National$90.5m
19th↑WA Primary Health Alliance$87.1m
57 not for profit businesses ranked by WA revenue most recent financial year

Number of Employees

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