Ashurst advises International Bank of Australia on new banking licence

Global law firm Ashurst has advised International Bank of Australia Pty Limited on its successful application to APRA to become a restricted authorised-deposit taking institution (ADI) and IBOA Group Holdings Pty Limited as a non-operating holding company.

Ashurst Partner Stuart Dullard commented:

“We are delighted to have acted for International Bank of Australia on its successful application to become a restricted ADI. We congratulate the team at International Bank of Australia on achieving this milestone.”

The Ashurst team was led by partner Stuart Dullard and counsel Jason Maletic.

/Public Release.