English, Scottish & Australian Bank

Last updated

English, Scottish & Australian Bank Limited
Type Public
Industry Banking
Founded1852
FateMerged, 1 October 1970
Successor Australia and New Zealand Banking Group Limited
Sydney branch of the English, Scottish and Australian Bank, 1872. (State Library of New South Wales). SLNSW 479534 31 English Scottish and Australian Chartered Bank SH 186.jpg
Sydney branch of the English, Scottish and Australian Bank, 1872. (State Library of New South Wales).
The former English, Scottish & Australian Bank building in Trayning, Western Australia in 2014 Former E, S & A Bank, Trayning, 2014.jpg
The former English, Scottish & Australian Bank building in Trayning, Western Australia in 2014

The English, Scottish & Australian Bank Limited was an Australian bank founded in 1852 by Royal Charter in London and named English, Scottish and Australian Chartered Bank. [1] Following a financial reconstruction in 1893 its business was renamed English, Scottish and Australian Bank Limited. [2]

Contents

Known to all as ES&A it merged with ANZ on 1 October 1970 to form Australia and New Zealand Banking Group Limited.

History

ES&A opened its first Australian branch in Sydney in 1853. [3] Australian banknotes were printed by the bank and issued at branches in Sydney, Adelaide, Hobart and Melbourne. In 1893 its business was renamed the English, Scottish & Australian Bank Limited following a financial upheaval. [4]

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 were taken over in 1921 and the Royal Bank of Australia in 1927. [5]

On 1 October 1970 ES&A merged with the Australia and New Zealand Bank to form the Australia and New Zealand Banking Group Limited. [6] At the time of the merger ES&A had a network of about 570 branches across Australia.

Esanda

Esanda was a consumer finance division of ES&A which began separate operations in 1955. [7] Its name is an acronym of ES&A. In 2015 ANZ sold Esanda to Macquarie Group.

Executive leadership

Chairmen

#NameTerm startTerm endRef
Alexander Lang Elder 18675 September 1885 [8]
Paterson Ward13 October 18851886 [9]
Frederick Hankey 18869 April 1889 [10] [11]
Sir James McCulloch 9 April 188923 July 1890 [12] [13]
Charles John HeganJuly 18902 December 1920 [14]
Andrew Williamson2 December 192025 October 1937 [15] [16] [17]
Sidney Marr Ward19 November 19372 September 1946 [18] [19] [20] [21]
Sir Frederick Young 2 September 194626 August 1948 [22] [23]
Viscount Hampden 29 September 194816 January 1969 [24] [25] [26]

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. [27]

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References

  1. ↑ "THE DUKE AND THE TEMPTER". The Sydney Morning Herald . New South Wales, Australia. 13 December 1852. p. 3 – via Trove.
  2. ↑ "NAME OF THE NEW BANK". The Herald . No. 4011. Victoria, Australia. 29 April 1893. p. 1.
  3. ↑ "Advertising". Empire . New South Wales, Australia. 7 December 1853. p. 1 (Supplement to The Empire).
  4. ↑ "NAME OF THE NEW BANK". The Herald . Victoria, Australia. 29 April 1893. p. 1.
  5. ↑ "The Story of Banking in Victoria". The Age . Victoria, Australia. 16 October 1954. p. 45 (SUPPLEMENT IN "THE AGE").
  6. ↑ "Advertising". Papua New Guinea Post-courier . International, Australia. 1 October 1970. p. 8.
  7. ↑ "Advertising". The Argus (Melbourne) . Victoria, Australia. 19 November 1955. p. 18.
  8. ↑ "ENGLISH, SCOTTISH, AND AUSTRALIAN CHARTERED BANK". The South Australian Advertiser. South Australia. 16 April 1867. p. 4. Retrieved 2 January 2023– via National Library of Australia.
  9. ↑ "ENGLISH, SCOTTISH, AND AUSTRALIAN CHARTERED BANK". The Sydney Morning Herald. New South Wales, Australia. 14 October 1885. p. 11. Retrieved 2 January 2023– via National Library of Australia.
  10. ↑ "The Australasian Trade with Great Britain". Northern Territory Times And Gazette. Northern Territory, Australia. 3 October 1885. p. 3. Retrieved 2 January 2023– via National Library of Australia.
  11. ↑ "English, Scottish, Australian Chartered Bank". The Express And Telegraph. South Australia. 29 January 1889. p. 2. Retrieved 2 January 2023– via National Library of Australia.
  12. ↑ "CABLEGRAMS". The Sydney Morning Herald. New South Wales, Australia. 10 April 1889. p. 7. Retrieved 2 January 2023– via National Library of Australia.
  13. ↑ "[RECEIVED July 24, 2.50 p.m.]". South Australian Register . South Australia. 25 July 1890. p. 5. Retrieved 2 January 2023– via National Library of Australia.
  14. ↑ "Advertising". Evening News. New South Wales, Australia. 15 September 1886. p. 4. Retrieved 2 January 2023– via National Library of Australia.
  15. ↑ "FUSION OP TWO BANKS". The Brisbane Courier . Queensland, Australia. 4 December 1920. p. 5. Retrieved 2 January 2023– via National Library of Australia.
  16. ↑ "DEATH OF MR. ANDREW WILLIAMSON". The Advertiser (Adelaide) . South Australia. 27 October 1937. p. 25. Retrieved 2 January 2023– via National Library of Australia.
  17. ↑ "OBITUARY MR. ANDREW WILLIAMSON". The Mercury. Tasmania, Australia. 27 October 1937. p. 5. Retrieved 2 January 2023– via National Library of Australia.
  18. ↑ "NEW CHAIRMAN OF E.S. AND A. BANK BOARD". The Telegraph. Queensland, Australia. 19 November 1937. p. 4 (CITY FINAL LAST MINUTE NEWS). Retrieved 2 January 2023– via National Library of Australia.
  19. ↑ "E.S. AND A. BANK". Tweed Daily. New South Wales, Australia. 26 November 1937. p. 7. Retrieved 2 January 2023– via National Library of Australia.
  20. ↑ "ES & A Bank Chairman Retires". The Mercury. Tasmania, Australia. 2 September 1946. p. 16. Retrieved 2 January 2023– via National Library of Australia.
  21. ↑ "RETIREMENT OF ES & A BANK CHAIRMAN". The Argus (Melbourne) . Victoria, Australia. 31 August 1946. p. 10. Retrieved 2 January 2023– via National Library of Australia.
  22. ↑ "E.S. AND A. BANK". The West Australian. Western Australia. 31 August 1946. p. 16. Retrieved 2 January 2023– via National Library of Australia.
  23. ↑ "Death Of Sir Frederick Young". Chronicle. South Australia. 2 September 1948. p. 8. Retrieved 2 January 2023– via National Library of Australia.
  24. ↑ "ESA Bank Chairman". The Herald. Victoria, Australia. 30 September 1948. p. 6. Retrieved 2 January 2023– via National Library of Australia.
  25. ↑ "ES & A bank chairman". Barrier Miner. Broken Hill, New South Wales. 9 March 1953. p. 2. Retrieved 2 January 2023– via National Library of Australia.
  26. ↑ "ES & A Bank chairman in Canberra". The Canberra Times. Australian Capital Territory, Australia. 9 March 1968. p. 15. Retrieved 2 January 2023– via National Library of Australia.
  27. ↑ Hart, T. J. (1990). Wren, Charles William (1856–1934). Australian Dictionary of Biography. National Centre of Biography, Australian National University.
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