Commercial Bank of Australia in the context of Bank of New South Wales


Commercial Bank of Australia in the context of Bank of New South Wales
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👉 Commercial Bank of Australia in the context of Bank of New South Wales

The Bank of New South Wales (BNSW), also known as The Wales, was the first bank in Australia. It was established in 1817 in Sydney. During the 19th century, the bank opened branches throughout Australia and New Zealand, expanding into Oceania in the 20th century. Throughout it history it merged with and purchased many other financial institutions. In 1981 it merged with the Commercial Bank of Australia and was renamed Westpac on 4 May 1982.

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