The Advance Bank was an Australian bank that existed from 1985 until 1997, when it merged with St George Bank.[1] It is not related to Advance Bank AG of Germany (which was shut down by Allianz in 2003).
It was established as the NSW Permanent Building & Investment Society in 1939.
In 1982, it established a funds management division, Advance Asset Management, which is now a specialist asset management business within Westpac. "Its focus is on asset allocation and risk management, implemented through a multi-manager process, providing investment opportunities across a range of asset classes, including shares, property, fixed interest and cash."[2]
The building society was demutualised in 1985 and became known as the Advance Bank.[3]
In 1995, Advance Bank acquired the State Bank of South Australia, which it continued to run as a separate business unit as BankSA.[1]
Advance Bank (and its BankSA subsidiary) was taken over in 1997 by St George Bank, itself another former building society.[4] St George Bank was then taken over by Westpac in 2008.[5]
^ ab"Selected events in the evolution of the Australian financial system". Australian Bankers' Association Inc. Archived from the original on 21 August 2011.
^Advance Asset Management, www.advance.com.au
^"John Thame"[dead link], Bloomberg Businessweek. Retrieved 26 August 2011.
^"History of St.George Bank". banks.com.au. Archived from the original on 4 March 2015.
^Janda, Michael (13 May 2008). "St George, Westpac agree on merger terms". ABC News. Retrieved 27 October 2021.
The AdvanceBank was an Australian bank that existed from 1985 until 1997, when it merged with St George Bank. It is not related to AdvanceBank AG of...
A Bank State Branch (often referred to as "BSB") is the name used in Australia for a bank code, which is a branch identifier. The BSB is normally used...
January 2015, WeBank, the online bank created by Tencent, started 4-month-long online banking trail operation. In December 1995, AdvanceBank acquired by...
Public State Funds of South Australia. AdvanceBank was purchased by St. George Bank in 1997 and the State Bank became part of the greater Westpac Corporation...
Elders Rural Bank Suncorp State Bank of Victoria State Bank of New South Wales AdvanceBankBank of Melbourne Reserve Bank of Fiji Bank of South Pacific...
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities...
was implemented by St.George Bank and AdvanceBank, but transactions were not free to purchasers. In Finland Merita Bank/EUnet made ecash available. DigiCash...
portion of the State Bank was acquired by AdvanceBank, which was bought by St George Bank. The Bank of South Australia (also known as BankSA) is now a division...
company has operations in Latin America and is the largest non-bank provider of cash advance services in the United States. It is listed on the Bolsa Mexicana...
Bank One Corporation was an American bank founded in 1968 and at its peak the sixth-largest bank in the United States. It traded on the New York Stock...
This is a list of games released on the Game Boy Advance handheld video game system. The number of licensed games in this list is 1538, organized alphabetically...
and longer payment terms associated with traditional bank loans. The term "merchant cash advance" may be used to describe purchases of future credit card...
convert to banks, but were required to demutualise before they were permitted to do so. This included NSW Building Society, which became AdvanceBank, St George...
included AdvanceBank (formerly NSW Building Society), St. George, Suncorp, Metway Bank, Challenge Bank, Bank of Melbourne and Bendigo Bank. A change...
by the bank or other parties. Another programme is the Multi-Donor Trust Fund. Clean Air Initiative (CAI) is a World Bank initiative to advance innovative...
season. As of 16 January 2008 the league was renamed as Bank Asya 1. Lig. In April 2012 Bank Asya withdrew as sponsor of the league. During the 2012–2016...
Advance Country – Social Integration Party (Spanish: Avanza País – Partido de Integración Social) is a Peruvian political party. Founded in the northern...
member The Hongkong and Shanghai Banking Corporation) is a British universal bank and financial services group headquartered in London, England, with historical...
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered...
A central bank, reserve bank, national bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary...
AU Small Finance Bank Limited is an Indian scheduled commercial small finance bank and India’s largest tech-led small finance bank, based in Jaipur. It...
1944, the Allies paused to re-group and organise before continuing their advance from Paris to the River Rhine. The pause allowed the Germans to solidify...
UBS Group AG is a multinational investment bank and financial services company founded and based in Switzerland. Headquartered in Zürich, it maintains...
Pak's for the Game Boy Advance, which uses a 32-bit architecture, could accommodate up to 32 MB of game ROM. The Game Boy Advance was the last major handheld...
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to...
Advance HE (formerly the Higher Education Academy) is a British charity and professional membership scheme promoting excellence in higher education. It...