[1] This large masonry building was constructed 1881–1885 as the new Head Office for the successful and influential Queensland National Bank.

[1] The burgeoning gold mining industry of the early 1870s created a mood of optimism and a desire for increased development capital, free from inter-colonial and overseas control.

Immediate widespread support of the bank exceeded expectations and the continuing patronage of powerful political figures ensured its prominence.

More than eight months later, however, Reed and Barnes were requested to sell the plans so Stanley could carry out the design on a reduced scale.

[1] Clerk of Works for the project was John Daniel Heal, publican, building contractor, stonemason and ex-Mayor of Brisbane (1879).

The mantle pieces and the marble for the entrance hall were purchased by Lt-Colonel Edward Robert Drury, the bank's general manager, while he was in the United Kingdom during 1883-84.

[1] Manuel Hornibrook, Master Builder, was contracted for the carrying out of extensive additions and the remodelling of the banking chamber during the early months of 1924.

[1] Despite the 1890s economic depression and a major political scandal late in the same decade, the QN Bank prospered, retaining the Queensland Government accounts until 1920.

In recognition of the bank's decision not to redevelop the site during the 1970s, the National Trust of Queensland presented it with the John Herbert Award 1975–1976.

[1] The Honour Board is important in demonstrating the evolution of Queensland's history, being a reflection of a sentiment that saw its expression in the public chronicling of the names of all servicemen.

The former Queensland National Bank head office demonstrates a rare aspect of Queensland's history, being a substantial and important 1880s commercial building in the Brisbane central business district which has retained a high degree of external and internal intactness, including much of the original furniture and fixture.

The former Queensland National Bank head office is important in demonstrating the principal characteristics of a substantial commercial building in the Classical Revival style, distinguished by the quality of its detailing and materials.

[1] The Honour Board is important in demonstrating the principal characteristics of a commemorative memorial erected by an employer in honour of employees who saw active service during the First World War and of the elaborate memorial metalwork carried out by Sydney firm Wunderlich Ltd.[1] The place is important because of its aesthetic significance.

The former Queensland National Bank head office is important in exhibiting a range of aesthetic characteristics valued by the community, in particular its streetscape value on a prominent corner in Brisbane's central business district and its expression of the elan and the solidity which the Queensland National Bank attempted to project in the early 1880s and its high degree of external and internal intactness.