Advance Bank

The Advance Bank was an Australian bank that existed as a bank from 1985 until 1997, when it merged with St George Bank.[1]

It started as the NSW Building Society. It was demutualised in 1985 & became known as the Advance Bank.[2] In 1995 it acquired the State Bank of South Australia, changing its name to the Bank of South Australia.[1] It was taken over in 1997 by St George Bank, itself another former building society.

References

  1. ^ a b "Selected events in the evolution of the Australian financial system". Australian Bankers' Association Inc. Retrieved 26 August 2011
  2. ^ "John Thame". Bloomberg Businessweek. Retrieved 26 August 2011