Google Answers Logo
View Question
 
Q: Australian Banking history ( Answered,   0 Comments )
Question  
Subject: Australian Banking history
Category: Business and Money
Asked by: monty658-ga
List Price: $2.00
Posted: 06 Aug 2006 18:18 PDT
Expires: 05 Sep 2006 18:18 PDT
Question ID: 753245
Which bank did the Rural Bank get taken over by?
Answer  
Subject: Re: Australian Banking history
Answered By: tisme-ga on 06 Aug 2006 20:38 PDT
 
Hello monty658-ga,

The bank that took over Rural Bank was ANZ. The website can be found
here: http://www.anz.com.au

"It grew by acquisition including in recent years the Rural Bank [...]"
Source: http://www.cyberplace.org.nz/community/CAFCA/cafca03/nov03.html

It is important to note that The National Bank of New Zealand overtook
The Rural Bank in 1992 (source:
http://en.wikipedia.org/wiki/National_Bank_of_New_Zealand). The
National Bank of New Zealand is however a subsidiary of the Australian
and New Zealand Banking Group (the third largest bank in Australia).

Another source: "Sir John, considered one of New Zealand's most
successful bankers, has overseen three major acquisitions in his 14
years with NBNZ. These include Rural Bank in 1992, and the acquisition
of Country Wide National Trust Bank in 1997." Source:
http://www.theage.com.au/articles/2004/06/24/1088046220946.html?from=storylhs

All the best,

tisme-ga

Search Strategy: 

australia "rural bank" takeover -elders
ANZ Banking Group australia "rural bank"
Comments  
There are no comments at this time.

Important Disclaimer: Answers and comments provided on Google Answers are general information, and are not intended to substitute for informed professional medical, psychiatric, psychological, tax, legal, investment, accounting, or other professional advice. Google does not endorse, and expressly disclaims liability for any product, manufacturer, distributor, service or service provider mentioned or any opinion expressed in answers or comments. Please read carefully the Google Answers Terms of Service.

If you feel that you have found inappropriate content, please let us know by emailing us at answers-support@google.com with the question ID listed above. Thank you.
Search Google Answers for
Google Answers  


Google Home - Answers FAQ - Terms of Service - Privacy Policy