National Australia Bank is one of the four largest financial institutions in Australia in terms of market capitalisation, earnings and customers. NAB was ranked the world's 21st-largest bank measured by market capitalisation and 52nd-largest bank in the world as measured by total assets in 2019.
National Australia Bank headquarters in Melbourne
The Meeniyan National Bank of Australasia, now located at Old Gippstown in Moe
National Australia Bank Building in Brisbane
NAB bank ATM
Banking in Australia is dominated by four major banks: Commonwealth Bank, Westpac, Australia & New Zealand Banking Group and National Australia Bank. There are several smaller banks with a presence throughout the country which includes Bendigo and Adelaide Bank, Suncorp Bank, and a large number of other financial institutions, such as credit unions, building societies and mutual banks, which provide limited banking-type services and are described as authorised deposit-taking institutions (ADIs). Many large foreign banks have a presence, but few have a retail banking presence. The central bank is the Reserve Bank of Australia (RBA). The Australian government’s Financial Claims Scheme guarantees deposits up to $250,000 per account-holder per ADI in the event of the ADI failing.
The Oriental Bank, one of Australia's earliest bank buildings, located in Melbourne, circa 1870s. The bank went out of business in around 1884 and was demolished shortly afterwards.
Union Bank of Australia, Sydney, 1840s
Nos 5 and 7 Sydney Road Manly in 1951, taken by Sam Hood for LJ Hooker, SLNSW 31789
