Appendix 2: Australian Banks – 1980 to 1990 | Submission to the Inquiry into the Australian Banking Industry – January 1991 | Financial Sector | Submissions

Banks Operating January 1980
Australia and New Zealand Banking Group
Australia and New Zealand Savings Bank
Australian Resources Development Bank
Bank of Adelaide
Bank of Adelaide Savings Bank
Bank of New South Wales
Bank of New South Wales Savings Bank
Bank of New Zealand
Bank of New Zealand Savings Bank
Bank of Queensland
Banque Nationale de Paris
Commercial Bank of Australia
Commercial Savings Bank of Australia
Commercial Banking Company of Sydney
CBC Savings Bank
Commonwealth Trading Bank of Australia (June 1984 renamed Commonwealth Bank of Australia)
Commonwealth Savings Bank of Australia
Commonwealth Development Bank of Australia
Hobart Savings Bank (trading as The Savings Bank of Tasmania)
Launceston Bank for Savings
National Bank of Australasia
National Bank Savings Bank
Primary Industry Bank of Australia
Rural Bank of New South Wales (November 1981 renamed State Bank of New South Wales)
The Rural and Industries Bank of Western Australia
Savings Bank of South Australia
The State Bank of South Australia
State Savings Bank of Victoria (December 1980 renamed State Bank of Victoria)

Changes In Bank Participants Since 1980
Year	Bank^(a) Entry	Bank Merger, Takeover
October 1980		Bank of Adelaide merged with Australia and New Zealand Banking Group.
February 1981	Australian Bank.
October 1981		Bank of New South Wales merged with Commercial Bank of Australia to form Westpac Banking Corporation (fully integrated October 1982).
		National Bank of Australasia merged with Commercial Banking Company of Sydney (name subsequently changed to National Australia Bank). (Fully integrated January 1983).
September 1983	Bank of Queensland Savings Bank.
July 1984		The State Bank of South Australia merged with the Savings Bank of South Australia to become State Bank of South Australia.
February 1985	Macquarie Bank.
June 1985	Advance Bank (formerly NSW Permanent Building Society).
September 1985	CHASE AMP Bank.
October 1985	Lloyds Bank NZA.
November 1985	Bank of Tokyo Australia, Barclays Bank Australia.
December 1985	IBJ Australia Bank, Citibank and Citibank Savings, Bank of China.
January 1986	Mitsubishi Bank of Australia.
February 1986	Deutsche Bank Australia, NatWest Australia Bank, Hongkong Bank of Australia, Bankers Trust Australia, National Mutual Royal Bank and National Mutual Royal Savings Bank.
April 1986	Standard Chartered Bank Australia.
May 1986	Bank of America Australia, Bank of Singapore (Australia).
June 1986	Civic Advance Bank (formerly Civic Co-operative Permanent Building Society (ACT)).
March 1987	National Mutual Royal Savings Bank (NSW) (formerly United Permanent Building Society).
April 1987	Challenge Bank (formed from Perth Building Society and Hotham Permanent Building Society).
June 1987		Primary Industry Bank of Australia became a subsidiary of The Rural and Industries Bank of Western Australia.
September 1987	Tasmania Bank (established under State legislation by merger of Launceston Bank for Savings and Tasmanian Permanent Building Society).
December 1987		National Mutual Royal Savings Bank (NSW) merged with National Mutual Royal Savings Bank.
July 1988	Metway Bank (formerly Metropolitan Permanent Building Society).
February 1989		State Bank of Victoria acquired Australian Bank.
July 1989	Bank of Melbourne (formerly RESI Statewide Building Society).
October 1989		Australian Resources Development Bank acquired by National Australia Bank.
April 1990		Australia and New Zealand Banking Group acquired National Mutual Royal Bank.
August 1990		Civic Advance Bank changed its name to Canberra Advance Bank following acquisition of Canberra Building Society.
January 1991		Commonwealth Bank of Australia merged with State Bank of Victoria.
		Commonwealth Development Bank converted by legislation to a subsidiary of Commonwealth Bank of Australia.
(a) Commenced operations.

Banks Operating 30 June 1990: Total Assets^(a)
$ million
Bank	Total Assets
Advance Bank Australia	5,654
Civic Advance Bank	673
Australia and New Zealand Banking Group	42,437
Australia and New Zealand Savings Bank	6,669
National Mutual Royal Bank	2,387
National Mutual Royal Savings Bank	2,446
Bank of America Australia	815
Bank of China	172
Bank of Melbourne	3,695
Bank of New Zealand	2,398
Bank of New Zealand Savings Bank	78
Bank of Queensland	405
Bank of Queensland Savings Bank	453
Bank of Singapore (Australia)	543
Bank of Tokyo Australia	825
Bankers Trust Australia	1,980
Banque Nationale de Paris	1,964
Barclays Bank Australia	2,288
Challenge Bank	3,299
CHASE AMP Bank	3,414
Citibank	4,810
Citibank Savings	2,961
Commonwealth Bank of Australia	31,032
Commonwealth Savings Bank	20,059
Commonwealth Development Bank^(b)	2,399
State Bank of Victoria^(c)	20,048
Australian Bank	278
Deutsche Bank Australia	1,655
Hongkong Bank of Australia	2,980
IBJ Australia Bank	1,057
Lloyds Bank NZA	1,018
Macquarie Bank	1,726
Metway Bank	2,037
Mitsubishi Bank of Australia	1,120
National Australia Bank	40,839
National Australia Savings Bank	9,912
Australian Resources Development Bank	194
NatWest Australia Bank	2,812
The Rural and Industries Bank of Western Australia	6,855
Primary Industry Bank of Australia	1,206
S.B.T. Bank^(d)	656
Standard Chartered Bank Australia	764
State Bank of New South Wales	14,743
State Bank of South Australia	12,273
Tasmania Bank	878
Westpac Banking Corporation	45,629
Westpac Savings Bank	13,314
Total	325,850
(a) Average weekly figures for assets on Australian books. (b) Converted under legislation to a subsidiary of Commonwealth Bank of Australia from 1 January 1991. (c) Merged with Commonwealth Bank of Australia from 1 January 1991. (d) Formerly trading as Savings Bank of Tasmania.

Submission to the Inquiry into the Australian Banking Industry Appendix 2: Australian Banks – 1980 to 1990