|
Commercial Bank Of Australia
The Commercial Bank of Australia Limited (CBA) was an Australian and New Zealand retail bank which operated from 1866 until being amalgamated with the Bank of New South Wales, that was established in 1817, to form the Westpac Banking Corporation in 1982. History The Commercial Bank of Australia was established in 1866. Lake and Reynolds write that Lowe Kong Meng and Louis Ah Mouy were "founding director(s) and major shareholder(s) of the Commercial Bank of Australia." As banks could issue their own paper currency at the time, the bank printed Chinese text on their pound note to encourage Chinese custom. It was headquartered for its entire existence at what is now 327-343 Collins Street, Melbourne. The Commercial Bank of Australia Building, was rebuilt in 1891-93, at which time a dramatic banking chamber was added, and redeveloped again in 1939, when the Collins Street facade was rebuilt. The building was substantially demolished as part of the construction of the 333 Collins ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of New South Wales
The Bank of New South Wales (BNSW), also known commonly as The Wales, was the first bank in Australia, being established in Sydney in 1817 and situated on Broadway, New South Wales, Broadway. During the 19th century, the bank opened branches throughout Australia and New Zealand, expanding into Oceania in the 20th century. It merged with many other financial institutions, finally merging with the Commercial Bank of Australia in 1982 and being renamed to the Westpac, Westpac Banking Corporation on 4 May that year under the ''Bank of New South Wales (Change of Name) Act 1982''. History Established in 1817 in Macquarie Place, Sydney premises leased from Mary Reibey, the Bank of New South Wales (BNSW) was the first bank in Australia. It was established under the economic regime of Governor of New South Wales, Governor Lachlan Macquarie (responsible for transitioning the penal settlement of Sydney into a capitalist economy). At the time, the colony of Sydney had not been supplied ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Westpac
Westpac Banking Corporation, known simply as Westpac, is an Australian multinational banking and financial services company headquartered at Westpac Place in Sydney, New South Wales. Established in 1817 as the Bank of New South Wales, it acquired the Commercial Bank of Australia in 1982 before being renamed to Westpac Banking Corporation. Westpac is one of Australia's Big Four (banks)#Australia, Big Four banks, and is Australia's first and oldest banking institution. Its name is a portmanteau of "Western" and "Pacific". As of 2021, Westpac has 14 million customers worldwide, and employs around 40,000 people. History Established in Sydney Sydney ( ) is the capital city of the state of New South Wales, and the most populous city in both Australia and Oceania. Located on Australia's east coast, the metropolis surrounds Sydney Harbour and extends about towards the Blue Mountain ... in 1817, the Bank of New South Wales (BNSW) was the first bank in Australia. Edward S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Melbourne
Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a metropolitan area known as Greater Melbourne, comprising an urban agglomeration of 31 local municipalities, although the name is also used specifically for the local municipality of City of Melbourne based around its central business area. The metropolis occupies much of the northern and eastern coastlines of Port Phillip Bay and spreads into the Mornington Peninsula, part of West Gippsland, as well as the hinterlands towards the Yarra Valley, the Dandenong and Macedon Ranges. It has a population over 5 million (19% of the population of Australia, as per 2021 census), mostly residing to the east side of the city centre, and its inhabitants are commonly referred to as "Melburnians". The area of Melbourne has been home to Aboriginal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lowe Kong Meng
Lowe Kong Meng (born 1830 or 1831; died 22 October 1888) was a Chinese-Australian businessman. Born into a trading family in Penang, Kong Meng learned English and French at an early age and worked as an importing merchant around the Indian Ocean. In 1853 he moved to Melbourne where he started a business importing goods for Chinese miners during the Victorian gold rush. After 1860, as the Chinese population in Melbourne peaked, he diversified into other lines of business, including investing in the Commercial Bank of Australia. Kong Meng was a prominent and well-regarded member of Melbourne's elite, and for a time was one of the city's wealthiest men. He was a leading defender of Chinese Australians at a time when their status was politically controversial and they were subjected to targeted taxation, discrimination and violence. Early life Kong Meng was born in Penang in either 1830 or 1831. His father Lowe A Quee was a merchant who owned significant amounts of property in P ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Louis Ah Mouy
Louis Ah Mouy (182628 April 1918; also known as Louey Amoy and Louey Ah Mouy) was a Chinese–Australian community leader and businessman. Early life Louis Ah Mouy was born circa 1826, in Guangzhou, China, and grew up in Singapore. Career Ah Mouy emigrated to Victoria before the Victorian gold rush period, and served as a community leader of Melbourne's Chinese community. Considered as one of Melbourne's earliest Chinese immigrants, he also worked as a house constructor and a carpenter. It is claimed that the very first houses in South Melbourne and Williamstown were built by Ah Mouy, who at that time was working under contract for Captain Glendining. When gold was discovered in Yea, Ah Mouy decided to take up gold mining, at the same time urging his family back in China to join him; it was through gold mining that his wealth increased significantly, making him one of Melbourne's richest merchants of that time. He went on to open several gold mines across Australia. A letter ad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Omeo 3
Omeo ( ) is a town in Victoria, Australia on the Great Alpine Road, east of Mount Hotham, in the Shire of East Gippsland. At the 2016 census, Omeo had a population of 406. The name is derived from an Aboriginal word for 'mountains' or 'hills'. Omeo is affectionately known as the City of the Alps with many historic buildings remaining in the town. The town is still the commercial hub for the Omeo Region and is a service centre for outlying communities such as Benambra, Cobungra, Cassilis, Swifts Creek, and Ensay. History The first reported sighting by Europeans of the wide plain that the Aborigines called 'Omeo' was by the naturalist John Lhotsky from the southern Alps in 1834. The area was first visited by stockmen who drove stock through the region as early as 1835. In 1845 gold was found in the Livingstone Creek which runs through Omeo, this caused the population to boom and by 1901, Omeo was at its peak with a population of 9400. They were prosperous times. The mai ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Bank
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New Zealand
New Zealand ( mi, Aotearoa ) is an island country in the southwestern Pacific Ocean. It consists of two main landmasses—the North Island () and the South Island ()—and over 700 smaller islands. It is the sixth-largest island country by area, covering . New Zealand is about east of Australia across the Tasman Sea and south of the islands of New Caledonia, Fiji, and Tonga. The country's varied topography and sharp mountain peaks, including the Southern Alps, owe much to tectonic uplift and volcanic eruptions. New Zealand's capital city is Wellington, and its most populous city is Auckland. The islands of New Zealand were the last large habitable land to be settled by humans. Between about 1280 and 1350, Polynesians began to settle in the islands and then developed a distinctive Māori culture. In 1642, the Dutch explorer Abel Tasman became the first European to sight and record New Zealand. In 1840, representatives of the United Kingdom and Māori chiefs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Australia
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of New Zealand
{{Disambiguation ...
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Australian Companies Established In 1866
Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal Australians, indigenous peoples of Australia as identified and defined within Australian law * Australia (continent) ** Indigenous Australians * Australian English, the dialect of the English language spoken in Australia * Australian Aboriginal languages * ''The Australian'', a newspaper * Australiana, things of Australian origins Other uses * Australian (horse), a racehorse * Australian, British Columbia, an unincorporated community in Canada See also * The Australian (other) * Australia (other) * * * Austrian (other) Austrian may refer to: * Austrians, someone from Austria or of Austrian descent ** Someone who is considered an Austrian citizen, see Austrian nationality law * Austrian German dialect * Someth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
.jpg "Click for more on -> Retail Bank")