Commercial Banking Company of Sydney
| Industry | Banking |
|---|---|
| Fate | Merger with National Bank of Australia |
| Successor | National Australia Bank |
| Founded | 1834 |
| Defunct | 1982 |
| Headquarters | Sydney, Australia |
The Commercial Banking Company of Sydney Limited was a bank based in Sydney, Australia. It was established in 1834, and in 1982 merged with the National Bank of Australasia to form National Australia Bank.
History
On 8 September 1834 the Sydney Herald carried a notice titled "The Commercial Banking Company of Sydney" proposing the establishment of a new bank.[1] It began operations on 1 November 1834[1] and in 1848 was incorporated by an Act of the New South Wales Parliament. Sir Edward Knox was the first Bank Manager and later a director.[2] Thomas Barker (born 1799 London, England, died 1875 Bringelly, New South Wales), a manufacturer, engineer, politician, landowner and philanthropist was a notable director and chairman.
The CBC grew to service the expanding pastoral and farming industries of the then Colony of New South Wales.[3]
References
- 1 2 "Some Important Dates in the C.B.C.'s History". Macquarie Communications. 28 September 2008.
- ↑ "Coal, climate change collide as customers query banks' green credentials". The Sydney Morning Herald. 20 May 2014.
- ↑ "National Australia Bank rules out funding Adani's Carmichael coal mine". The Sydney Morning Herald. 3 September 2015.