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English, Scottish & Australian Bank

(Redirected from ES&A Bank)
For the heritage-listed bank building in Sydney, Australia, see English, Scottish and Australian Bank, The Rocks.

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]

English, Scottish & Australian Bank Limited
Company typePublic
IndustryBanking
Founded1852
FateMerged, 1 October 1970
SuccessorAustralia and New Zealand Banking Group Limited
Sydney branch of the English, Scottish and Australian Bank, 1872. (State Library of New South Wales).
Former Melbourne branch corner of Queen Street and Collins Street, Built in 1883.
The former English, Scottish & Australian Bank building in Trayning, Western Australia in 2014
The former English, Scottish & Australian Bank building in Trayning, Western Australia in 2014

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

History

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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]

Prominent South Australian architect F. Kenneth Milne designed several buildings for the bank before 1929.[6]

On 1 October 1970 ES&A merged with the Australia and New Zealand Bank to form the Australia and New Zealand Banking Group Limited.[7] At the time of the merger ES&A had a network of about 570 branches across Australia.

Esanda

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Esanda was a consumer finance division of ES&A which began separate operations in 1955.[8] Its name is an acronym of ES&A. In 2015 ANZ sold Esanda to Macquarie Group.[citation needed]

Executive leadership

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Chairmen

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# Name Term start Term end Ref
Alexander Lang Elder 1867 (1867) 5 September 1885 (1885-09-05) [9]
Paterson Ward 13 October 1885 (1885-10-13) 1886 (1886) [10]
Frederick Hankey 1886 (1886) 9 April 1889 (1889-04-09) [11][12]
Sir James McCulloch 9 April 1889 (1889-04-09) 23 July 1890 (1890-07-23) [13][14]
Charles John Hegan July 1890 (1890-07) 2 December 1920 (1920-12-02) [15]
Andrew Williamson 2 December 1920 (1920-12-02) 25 October 1937 (1937-10-25) [16][17][18]
Sidney Marr Ward 19 November 1937 (1937-11-19) 2 September 1946 (1946-09-02) [19][20][21][22]
Sir Frederick Young 2 September 1946 (1946-09-02) 26 August 1948 (1948-08-26) [23][24]
Viscount Hampden 29 September 1948 (1948-09-29) 16 January 1969 (1969-01-16) [25][26][27]

Notable staff

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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.[28]

References

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  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. ^ "Home Plots and Houses". News (Adelaide). Vol. XII, no. 1, 795. South Australia. 17 April 1929. p. 10 (Home edition). Retrieved 22 April 2024 – via National Library of Australia.
  7. ^ "Advertising". Papua New Guinea Post-courier. International, Australia. 1 October 1970. p. 8.
  8. ^ "Advertising". The Argus (Melbourne). Victoria, Australia. 19 November 1955. p. 18.
  9. ^ "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.
  10. ^ "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.
  11. ^ "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.
  12. ^ "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.
  13. ^ "CABLEGRAMS". The Sydney Morning Herald. New South Wales, Australia. 10 April 1889. p. 7. Retrieved 2 January 2023 – via National Library of Australia.
  14. ^ "[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.
  15. ^ "Advertising". Evening News. New South Wales, Australia. 15 September 1886. p. 4. Retrieved 2 January 2023 – via National Library of Australia.
  16. ^ "FUSION OP TWO BANKS". The Brisbane Courier. Queensland, Australia. 4 December 1920. p. 5. Retrieved 2 January 2023 – via National Library of Australia.
  17. ^ "DEATH OF MR. ANDREW WILLIAMSON". The Advertiser (Adelaide). South Australia. 27 October 1937. p. 25. Retrieved 2 January 2023 – via National Library of Australia.
  18. ^ "OBITUARY MR. ANDREW WILLIAMSON". The Mercury. Tasmania, Australia. 27 October 1937. p. 5. Retrieved 2 January 2023 – via National Library of Australia.
  19. ^ "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.
  20. ^ "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.
  21. ^ "ES & A Bank Chairman Retires". The Mercury. Tasmania, Australia. 2 September 1946. p. 16. Retrieved 2 January 2023 – via National Library of Australia.
  22. ^ "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.
  23. ^ "E.S. AND A. BANK". The West Australian. Western Australia. 31 August 1946. p. 16. Retrieved 2 January 2023 – via National Library of Australia.
  24. ^ "Death Of Sir Frederick Young". Chronicle. South Australia. 2 September 1948. p. 8. Retrieved 2 January 2023 – via National Library of Australia.
  25. ^ "ESA Bank Chairman". The Herald. Victoria, Australia. 30 September 1948. p. 6. Retrieved 2 January 2023 – via National Library of Australia.
  26. ^ "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.
  27. ^ "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.
  28. ^ Hart, T. J. (1990). "Wren, Charles William (1856–1934)". Australian Dictionary of Biography. Canberra: National Centre of Biography, Australian National University. ISBN 978-0-522-84459-7. ISSN 1833-7538. OCLC 70677943.
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