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Bank of South Australia (1992 - 1994)

From
1992
To
1994
Alternative Names
  • Bank SA

Summary

In 1984 the State Savings Bank of South Australian and the Savings Bank of South Australia merged and traded as the State Bank of South Australia.

In 1991/92 the State Bank of South Australia faced financial collapse. The State Government decided to split the bank into non-performing and performing parts. The non-performing operations were retained as government debt. The performing operations were acquired by Advance Bank as the Bank of South Australia (trading as Bank SA).

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Timeline

 1848 - 1984 Savings Bank of South Australia
       1896 - State Savings Bank of South Australia
             1992 - 1994 Bank of South Australia

Related Corporate Bodies

Bruce A. Smith

Created: 26 September 2018