Bank of Australia

Description
1 July 1833, 1 Share of £ 100
Business
Bank/Financial
Assignment
Australia
Country
Australia
Rarity Code
8
Last Price
€ 950.58

History

The bank was incorporated as one of the very first Australian joint-stock-companies in 1826. It should be the counterpart to the New South Wales Bank. Other than the New South Wales Bank the Bank of Australia did not allow that former prisoners became shareholders or employees. This was the reason why the bank got the nickname “the poor merino bank”.