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The English, Scottish & Australian Bank Limited was an Australian bank founded in 1852 by
Royal Charter A royal charter is a formal grant issued by a monarch under royal prerogative as letters patent. Historically, they have been used to promulgate public laws, the most famous example being the English Magna Carta (great charter) of 1215, b ...
in
London London is the capital and List of urban areas in the United Kingdom, largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary dow ...
and named English, Scottish and Australian Chartered Bank. Following a financial reconstruction in 1893 its business was renamed English, Scottish and Australian Bank Limited. Known to all as ES&A it merged with ANZ on 1 October 1970 to form
Australia and New Zealand Banking Group Limited The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by ma ...
.


History

ES&A opened its first Australian branch 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 Mounta ...
in 1853. Australian banknotes were printed by the bank and issued at branches in Sydney,
Adelaide Adelaide ( ) is the capital city of South Australia, the state's largest city and the fifth-most populous city in Australia. "Adelaide" may refer to either Greater Adelaide (including the Adelaide Hills) or the Adelaide city centre. The dem ...
,
Hobart Hobart ( ; Nuennonne/ Palawa kani: ''nipaluna'') is the capital and most populous city of the Australian island state of Tasmania. Home to almost half of all Tasmanians, it is the least-populated Australian state capital city, and second-small ...
and
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 metro ...
. In 1893 its business was renamed the English, Scottish & Australian Bank Limited following a financial upheaval. It was one of 16 banks which supplied blank note forms to the Australian Government in 1911 which were superscribed as redeemable in gold and issued as the first Commonwealth notes. The Commercial Bank of Tasmania and the
London Bank of Australia The London Chartered Bank of Australia (from 1893 the London Bank of Australia) was an English-run Australian bank which operated from 1852 to 1921. History It was formed in October 1852, with the issuing of a prospectus and granting of a Roya ...
were taken over in 1921 and the Royal Bank of Australia in 1927. On 1 October 1970 ES&A merged with the Australia and New Zealand Bank to form the
Australia and New Zealand Banking Group The Australia and New Zealand Banking Group Limited (ANZ) is an Australian multinational banking and financial services company headquartered in Melbourne, Victoria. It is Australia's second-largest bank by assets and fourth-largest bank by ma ...
Limited. At the time of the merger ES&A had a network of about 570 branches across Australia.


Esanda

Esanda Esanda was an Australian finance company. Founded in 1955 by the English, Scottish & Australian Bank, it became a subsidiary of the Australia & New Zealand Banking Group in 1987. The brand was retired in 2019. History Esanda was established in ...
was a consumer finance division of ES&A which began separate operations in 1955. Its name is an
acronym An acronym is a word or name formed from the initial components of a longer name or phrase. Acronyms are usually formed from the initial letters of words, as in ''NATO'' (''North Atlantic Treaty Organization''), but sometimes use syllables, as ...
of ES&A. In 2015 ANZ sold Esanda to
Macquarie Group Macquarie Group Limited () is an Australian global financial services group. Headquartered and listed in Australia (), Macquarie employs more than 17,000 staff in 33 markets, is the world's largest infrastructure asset manager and Australia' ...
.


Notable staff

Charles Wren became the accountant and branch inspector for South Australia in 1881. He moved to Melbourne in 1888 as inspector's accountant. He was appointed resident inspector in New South Wales in 1901, and became the bank's Australasian general manager in July 1909.


References


External links


English, Scottish & Australian Bank LimitedCompanies in Australia since 1901 (ASX)
* (in German) {{Portal, Banks Australia and New Zealand Banking Group Banks established in 1852 Banks established in 1970 1853 establishments in Australia Australian companies established in 1852 1852 establishments in England English-Australian culture Scottish-Australian culture Defunct banks of Australia British companies established in 1852