Commercial Banking Company of Sydney

Commercial Banking Company of Sydney Limited
Industry Banking
Fate Merger with National Bank of Australia
Successor National Australia Bank
Founded 1834
Defunct 1982
Headquarters Sydney, Australia

Commercial Banking Company of Sydney Limited was a bank based in Sydney, Australia. It was established in 1834, and in 1982 merged with the National Bank of Australia to form National Australia Bank.

History

Former CBC Bank in Wagga Wagga, New South Wales

On 8 September 1834 the Sydney Herald carried a notice titled "Commercial Banking Company of Sydney" proposing the establishment of a new bank.[1] It began operations on 1 November 1834[1] and in 1848 was incorporated by an Act of the New South Wales Parliament. Sir Edward Knox was the first Bank Manager and later a director.[2] Thomas Barker (born 1799 London, England, died 1875 Bringelly, New South Wales), a manufacturer, engineer, politician, landowner and philanthropist was a notable director and chairman.

The CBC grew to service the expanding pastoral and farming industries of the then Colony of New South Wales.[3]

References

  1. 1 2 "Some Important Dates in the C.B.C.'s History". Macquarie Communications. 28 September 2008.
  2. ↑ "Coal, climate change collide as customers query banks' green credentials". The Sydney Morning Herald. 20 May 2014.
  3. ↑ "National Australia Bank rules out funding Adani's Carmichael coal mine". The Sydney Morning Herald. 3 September 2015.
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