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State Bank of Victoria controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1990

    Tricontinental lending and collapse

    The State Bank group suffered from extensive and poorly controlled lending during the 1980s, particularly through Tricontinental. The subsidiary collapsed with reported losses of approximately A$1.5 billion, placing the state-owned parent institution at risk and leading to its sale to the Commonwealth Bank.

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