Adelaide Bank
From Wikipedia, the free encyclopedia
The Adelaide Bank (ASX: ADB) is a publicly listed regional bank with its head office in the state of South Australia. The bank was established on 1 January 1994 from the Co-operative Building Society of South Australia Limited, which was Australia's largest building society. The building society was established at the turn of the 20th Century.
In 1990, the building society's asset base passed the $1 billion mark and since its establishment as a bank, the bank's base assets has surpassed $2 billion. The bank's assets currently exceed $23 billion and are found throughout Australia, with 75% of assets found outside of South Australia. The bank generates over 3% of the national mortgage loan approval, or $700 million a month and is one of Australia's biggest margin lenders.
[edit] References and External Links
 This article about an Australian corporation or company is a stub. You can help Wikipedia by expanding it. |
 |
This bank & insurance-related article is a stub. You can help Wikipedia by expanding it |
