Seal of the ES&A Bank. The motto translates from Latin as "By the gift of god".
|Fate||Merged, 1 October 1970|
|Successor||Australia and New Zealand Banking Group Limited|
The English, Scottish & Australian Bank Limited was an Australian bank founded in 1852 by Royal Charter in London and named English, Scottish and Australian Chartered Bank. Following a financial reconstruction in 1893 its business was renamed English, Scottish and Australian Bank Limited.
Known to all as ES&A it merged with ANZ in 1 October 1970 to form Australia and New Zealand Banking Group Limited.
ES&A opened its first Australian branch in Sydney in 1853. Australian banknotes were printed by the bank and issued at branches in Sydney, Adelaide, Hobart and Melbourne. In 1893 its business was renamed the English, Scottish & Australian Bank Limited following a financial upheaval.
It was one of 16 banks which supplied blank note forms to the Australian Government in 1911 which were superscribed as redeemable in gold and issued as the first Commonwealth notes.
The Commercial Bank of Tasmania and the London Bank of Australia were taken over in 1921 and the Royal Bank of Australia in 1927.
On 1 October 1970 ES&A merged with the Australia and New Zealand Bank to form the Australia and New Zealand Banking Group Limited. At the time of the merger ES&A had a network of about 570 branches across Australia.
Charles Wren became the accountant and branch inspector for South Australia in 1881. He moved to Melbourne in 1888 as inspector's accountant. He was appointed resident inspector in New South Wales in 1901, and became the bank's Australasian general manager in July 1909.