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Adelaide Bank
The Adelaide Bank was a publicly listed bank with its head office in Adelaide, South Australia. It was established on 1 January 1994 from the Co-operative Building Society of South Australia Limited, which was Australia's largest building society as a result of a merger with the Hindmarsh Building Society.Our History
Adelaide Bank, web.archive.org
On 9 August 2007 it merged with Bendigo Bank () to form Bendigo and Adelaide Bank Limited, and Adelaide Bank shares ceased to be quoted on the top 100 Australian Stock Exchange, ASX that companys with more than 110,000 shareholders. Since 2008 the new entity has been known as the Bendigo and Adelaide Bank.
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Bank
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 ...
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Hindmarsh, South Australia
Hindmarsh is an inner Suburbs and localities (Australia), suburb of Adelaide, South Australia. It is located in the City of Charles Sturt. The suburb is located between South Road, Adelaide, South Road to the west and North Adelaide. The River Torrens forms its southern boundary and the Grange railway line, Grange and Outer Harbor railway line, Outer Harbour railway line forms the northeast. History Before the colonisation of South Australia in 1836, the land now called Hindmarsh was occupied by the Kaurna people. The suburb was named by South Australia's first Governors of South Australia, Governor, Sir John Hindmarsh. Hindmarsh was the first owner of section 353 in the Hundred of Yatala, being among the earliest to make a selection of a "country section" to which he and other early investors in South Australia were entitled by their purchase of land orders prior to settlement (see ''Lands administrative divisions of South Australia#Land division history, Lands administrati ...
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Banks Established In 1994
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 anc ...
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Defunct Banks Of Australia
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 ...
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Centenary
{{other uses, Centennial (other), Centenary (other) A centennial, or centenary in British English, is a 100th anniversary or otherwise relates to a century, a period of 100 years. Notable events Notable centennial events at a national or world-level include: * Centennial Exhibition, 1876, Philadelphia, Pennsylvania. First official World's Fair in the United States, celebrating the 100th anniversary of the signing of the Declaration of Independence in Philadelphia. About 10 million visitors attended, equivalent to about 20% of the population of the United States at the time. The exhibition ran from May 10, 1876, to November 10, 1876. (It included a monorail.) * New Zealand Centennial Exhibition, 1939–1940, celebrated one hundred years since the signing of the Treaty of Waitangi in 1840 and the subsequent mass European settlement of New Zealand. 2,641,043 (2.6 million) visitors attended the exhibition, which ran from 8 November 1939 until 4 May 1940. * 196 ...
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City Of Adelaide
The City of Adelaide, also known as the Corporation of the City of Adelaide and Adelaide City Council is a local government area in the metropolitan area of greater Adelaide, South Australia and is legally defined as the capital city of South Australia by the ''City of Adelaide Act 1998''. It includes the Adelaide city centre, North Adelaide, and the Adelaide Park Lands, which surround North Adelaide and the city centre. Established in 1840, the City of Adelaide Municipal Corporation was the first municipal authority in Australia. At its time of establishment, Adelaide's (and Australia's) first mayor, James Hurtle Fisher, was elected. From 1919 onwards, the municipality has had a Lord Mayor, being Jane Lomax-Smith. History Initially the new Province of South Australia was managed by Colonisation Commissioners. Colonial government commenced on 28 December 1836. The first municipality was established in 1840 as The City of Adelaide Municipal Corporation, the first municipa ...
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Herbert Flugelman
Herbert Flugelman (28 January 1923 – 26 February 2013), usually known as Bert, was a prominent Australian visual artist, primarily a sculptor, who had many of his works publicly displayed. He is known for his stainless steel geometric public sculptures. Among his best-known works are the "Mall's Balls" in Adelaide, and "the Silver Shish Kebab" (''Pyramid Tower'') in Sydney. Early life and education Herbert Flugelman was born in Vienna, Austria, on 28 January 1923, the son of Leopold and Irma Flugelman. As the Nazis came to power in the 1930s, Leopold was the first to come to Australia, in his official capacity as an agent for the German fabric company he worked for. He then arranged visas for his second wife, Annie, and Herbert to come as well. After queuing for three days for a train leaving Vienna, Herbert was initially turned away for not having the right papers. His uncle intervened, telling the guards that they were supposed to be getting rid of Jews, and Herbert was allow ...
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Mall's Balls
Rundle Mall is a pedestrian street mall located in Adelaide, South Australia. It was opened as a pedestrian mall in September 1976 by closing the section of Rundle Street between King William Street and Pulteney Street, to vehicular traffic. The street continues as Rundle Street (as before) to the east and Hindley Street to the west. The pedestrian mall has become the centrepiece of Adelaide's city centre, home to some of the most expensive real estate in the state. It competes with the large shopping complexes in the suburbs, (e.g. Westfield Marion, Armada Arndale Shopping Centre, Westfield Tea Tree Plaza, etc.) In 2009, retail space directly on the mall leased for up to $3,700 per square metre per year. The mall is home to the South Australian flagship stores of many large Australian retailers and many smaller independent and chain stores. The mall also features a number of arcades and plazas containing smaller boutiques and eateries. These include the Italianate-style A ...
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Bendigo And Adelaide Bank
Bendigo and Adelaide Bank is an Australian financial institution, operating primarily in retail banking. The company was formed by the merger of Bendigo Bank and Adelaide Bank in November 2007. Before the merger, Bendigo Bank delivered its products and services through almost 900 outlets Australia-wide, including more than 160 company owned branches, 220 community owned ''Community Bank'' branches of Bendigo Bank, 100 agencies and 400 '' Elders'' outlets. The bank's branches are primarily in Victoria and Queensland. The merged bank now has over 400 branches, including 25 that came with the merger of Adelaide Bank. National headquarters remain in the city of Bendigo, with a major office in Adelaide, South Australia and regional offices in Docklands, Melbourne and Ipswich, Queensland. History and development The company started in 1858 as a fixed-term (terminating) building society to improve conditions in the Bendigo goldfields during the Victorian gold rush. At seven ...
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Bank
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 ...
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Australian Stock Exchange
Australian Securities Exchange Ltd or ASX, is an Australian public company that operates Australia's primary securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or confused within Australia as, The Sydney Stock Exchange, a separate entity). The ASX was formed on 1 April 1987, through incorporation under legislation of the Australian Parliament as an amalgamation of the six state securities exchanges, and merged with the Sydney Futures Exchange in 2006. Today, ASX has an average daily turnover of A$4.685 billion and a market capitalisation of around A$1.6 trillion, making it one of the world's top 20 listed exchange groups. ASX Clear is the clearing house for all shares, structured products, warrants and ASX Equity Derivatives. Overview ASX Group is a market operator, clearing house and payments system facilitator. It also oversees compliance with its operating rules, promotes standards of corporate governance amo ...
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Bendigo Bank
Bendigo and Adelaide Bank is an Australian financial institution, operating primarily in retail banking. The company was formed by the merger of Bendigo Bank and Adelaide Bank in November 2007. Before the merger, Bendigo Bank delivered its products and services through almost 900 outlets Australia-wide, including more than 160 company owned branches, 220 community owned ''Community Bank'' branches of Bendigo Bank, 100 agencies and 400 '' Elders'' outlets. The bank's branches are primarily in Victoria and Queensland. The merged bank now has over 400 branches, including 25 that came with the merger of Adelaide Bank. National headquarters remain in the city of Bendigo, with a major office in Adelaide, South Australia and regional offices in Docklands, Melbourne and Ipswich, Queensland. History and development The company started in 1858 as a fixed-term (terminating) building society to improve conditions in the Bendigo goldfields during the Victorian gold rush. At seven yea ...
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