About St. George Bank
St.George achieved full banking status and acquired its banking licence in 1992. Two years later, St.George became a full service bank when it acquired the Commercial Banking division of Barclays. In 1994, St.George led the market by launching electronic banking to business customers. St.George acquired Advance Bank/BankSA in 1997, becoming the fifth largest bank in Australia. In 1998 St.George purchased SEALCORP, followed by KPMG Financial Services in 1999.
St.George began the new millennium with further acquisition. In 2000, the Bank acquired the Scottish Pacific Business Finance Group and in 2001, Deutsche Bank’s Australian margin lending business. In 2002 the Bank announced a joint venture with Foodstuffs, New Zealand’s largest supermarket retailer, to establish Superbank… Continue reading about St. George Bank here.
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