Toowoomba-based Heritage Bank is after 144 years opening branches interstate, an expansionary move that has occasionally backfired on other regional lenders.
It is part of a southern extension by the 59-branch lender into Sydney, a market that industry sources say is already saturated.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
