Sydney
“Can a community-focused Australian ADI modernise its core banking infrastructure with cloud-native technology to compete with neobanks and regional majors?”
Founded2001
HQSydney, NSW, Australia
IndustryBank / Community
The story
Bank of Sydney is a licensed Australian ADI that has historically served the Lebanese-Australian and broader migrant community in Sydney, offering retail and business banking products. In 2025 the bank announced a cloud-first digital transformation by adopting Infosys Finacle as its core banking system, signalling a modernisation push to compete with digital-native challengers and larger regional banks.
Product timeline
2001
Founded as Lebanese Australian Bank, later rebranded to Bank of Sydney.· banking
2025
Selected Infosys Finacle for cloud-first digital transformation of its core banking platform.· banking
Regulated entities
Authorised Deposit-taking Institution (ADI)
Australia (APRA) · 2001
Bank of Sydney Ltd
The stack
Ledger
Lending
Accounting gap: none