National Mutual Royal Bank

National Mutual Royal Bank
IndustryBanking
PredecessorNational Mutual Permanent Building Society
Founded27 February 1986
DefunctMarch 1990
Headquarters
Australia
ParentNational Mutual (50%)
Royal Bank of Canada (50%)

The National Mutual Royal Bank (NMRB) was an Australian bank. Founded in February 1986 by National Mutual and the Royal Bank of Canada, it opened with 45 former National Mutual Permanent Building Society branches.[1][2] In 1986 it took over the United Permanent Building Society.[3] After only four years in existence, it was sold in March 1990 to the ANZ Bank.[4][5]

References

  1. ^ National Mutual Royal Bank Canberra Times 7 June 1985 page 12
  2. ^ Bank opens for business Canberra Times 27 February 1986 page 21
  3. ^ NMR Bank wins vote Canberra Times 29 August 1986 page 20
  4. ^ ANZ, National Mutual create $170bn Giant Australian Financial Review 29 March 1990
  5. ^ History ANZ Bank