Hey there! Hold on to your hats because you’re in for a thrilling adventure into the world of Australian Banks in Singapore, where money meets pure magic.
Are you ready to be blown away? The stories behind these Aussie banks are fascinating, with their extraordinary founders, outstanding financial prowess, exceptionally mind-blowing services, and mind-blogging fun facts!
Whether you’re hunting for top-notch investments, monumental customer service or banking wizardry, these Aussie banks in Singapore have your back! Or find the best personal loan here, mate!
Australia and New Zealand Banking Group Limited
The Australia and New Zealand Banking Group Limited was established in the 19th century, 1835. You may think that an Aussie built the ANZ Bank. However, an English-bourne politician and coloniser ventured on the months-long voyage from London to Australia to sprang his project of the Bank of Australasia.
Although it was his idea, he had little influence on the banks’ further development. It was a young Scottish entrepreneur, George Kinnear, who actively impacted the bank’s establishment, which has since transformed itself many times until the present day of the digital age.
ANZ came to be in 1951 when the Union Bank of Australia and the Bank of Australasia joined to form it. Soon during the 1970s, it merged again with the English, Scottish, and Australian Bank to finally be the Australia and New Zealand Banking Group Limited.
ANZ established its Singapore branch in 1974 and has had an overwhelmingly strong presence in Merlion’s city, connecting clients with various banking services, including:
- Wholesale banking
- Digital Banking
- Global Network
Fun fact:
Guess what? ANZ is among the Australian banks in Singapore and a banking superstar in Melbourne and Singapore too!
Commonwealth Bank of Australia
It was way back in 1911 when the kangaroo dinosaurs roamed the outback. During the same time, the Commonwealth Bank came to be via the Commonwealth Bank Act. Its initial operations happened in 1912, and since then has empowered its customers to conduct savings and general banking operations.
In the Commonwealth Bank of Australia’s history, three known Aussie Avengers initiated their mark in the banking industry in 1911: Denison Miller, Andrew Fisher, and King O’Malley. The creation of the Commonwealth Bank of Australia was like the birth of a national superhero!
The CommBank reached Singapore’s shores in 1982 and operated as a bank that grants financial services to multinationals from New Zealand and Australia, with a strong presence in Asia.
The bank is no average Joe, as it’s a true financial titan. It offers a mind-blowing range of banking and wealth management that’ll make you go “Crikey!” including:
- Mortgages
- Investments
- Digital Banking
- Credit Cards
- Debit
Fun fact:
Take a breather because you’re not prepared for this! They’re not a bank that focuses on money alone; they care about its customers too. Thus, it’s one of the Australian banks in Singapore that you can rely on for financial literacy, as it empowers individuals and communities continuously.
Macquarie Bank Limited
Macquarie Bank Limited is another massive Aussie Bank that ventured to the Lion City. The bank’s foundation dates back to one of the grooviest eras to date, in 1969. But back then, it wasn’t called as it is today because its initial anime was Hill Samuel Austalia Limited.
Why is that so? The bank was then the UK’s Hill Samuel & Co. Limited subsidiary. Stan Owens was the bank’s founder as he pursued to compile the proposal for the Australian subsidiary.
It didn’t take long before the bank voyage against the vast waters of the banking industry upon analysing the progressive banking excellence in Singapore. It ventured on and established its Macquarie Bank Limited Singapore branch in 1996, granting various banking services like:
- Loans
- Asset Management
- Investments
- Trading Finance
Fun fact:
There were only three employees in Macquarie Bank Limited during its establishment, namely Blair Hesketh, Geoff Hobson, and Stan Owens.
National Australia Bank Limited
The National Australia Bank Limited is quite a historical monument in Australia’s banking industry. For one, it was formed in 1893.
During those times, it was then the National Commercial Banking Corporation of Australia Limited and went through many mergers and change names. It finally became the National Australia Bank Limited on October 1, 1981.
As it’s among Australia’s biggest banks, with 160 years of experience behind its name, it was only natural to go beyond the domestic market. Thus, in the late 1960s, it came to Asia to mark its presence in the Asian banking industry.
Today, NAB is among the most trusted foreign banks in Singapore. It’s due to its leadership, sustainability initiatives, and a massive range of banking services such as:
- Home Loans
- Credit Cards
- Loans
- Investments
- Funding Solutions
- Debt Structuring
Fun fact:
NAB is quite conscious about its sustainability initiatives and projects. In truth, it’s unlike any average bank. It focuses on education, indigenous and health programs. They’re considered the Aussie Bank with a heart of gold.
Westpac Banking Corporation
Which banks in Australia are considered among the oldest?
We have the Westpac Banking Corporation. It is among the central banking organisations in New Zealand and Australia.
The bank came into existence in 1817; it was then known as the Bank of New South Wales. For many years, it maintained its original name until 1982 to Westpac Banking Corporation. The bank’s primary objective is to create a better future together, and it’s what they do, who they are, and why they do their work every day.
If that isn’t what you call commitment and dedication, what is? Of course, since it’s becoming a financial titan in Australia, it needs to expand to broader, more challenging, yet beautiful horizons. Thus, in 1979, the Westpac Banking Corporation Singapore branch was founded and offered many services, such as:
- Loans
- Mortgages
- Savings Accounts
- Investments
- Digital Banking
Fun fact:
Westpac Banking Corporation genuinely supports eco-friendly initiatives to create a better future for you.
Conclusion:
Alright! Now that you know these Australian banks in Singapore are bringing in a massive wave of banking services for you, it’s your turn to experience their magic. The stories behind their establishment are like folklore and thrilling; thus, you can consider them banking professionals.
And when it comes to personal loans, don’t forget to turn to Accredit Licensed Moneylender for your needs. The services are transparent, professional and reliable.
So, what are you waiting for? Embrace the true Aussie banking adventure with a dash of Singaporean banking excellence like no other!
