Bank of New South Wales

Bank of New South Wales
IndustryFinancial services
Founded8 April 1817 (1817-04-08) in Sydney, Australia
FounderLachlan Macquarie
Defunct4 May 1982 (1982-05-04)
FateRenamed on 4 May 1982[1]
SuccessorWestpac Banking Corporation
HeadquartersMartin Place, ,
Area served
New South Wales

The Bank of New South Wales (BNSW), also known commonly as The Wales, was the first bank in Australia, being established in Sydney in 1817 and situated on Broadway. During the 19th century, the bank opened branches throughout Australia and New Zealand, expanding into Oceania in the 20th century. It merged with many other financial institutions, finally merging with the Commercial Bank of Australia in 1982 and being renamed to the Westpac Banking Corporation on 4 May that year under the Bank of New South Wales (Change of Name) Act 1982.[1]

  1. ^ a b "Bank of New South Wales (Change of Name) Act 1982". NSW Legislation. 20 December 2002. Retrieved 8 August 2020.

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