Esanda
| Industry | Leasing |
|---|---|
| Founded | October 1955 |
| Founder | English, Scottish & Australian Bank |
| Defunct | March 2019 |
| Website | www.esanda.com |
Esanda was an Australian
Australia & New Zealand Banking Group
in 1987. The brand was retired in 2019.
History
Esanda was established in October 1955 as the commercial financing division of the
ANZ Bank after it merged with ES&A in 1970. After ANZ acquired the Bank of Adelaide in 1979 and the National Mutual Royal Bank in 1990, the respective finance divisions were incorporated into Esanda.[2]
In 2016, the dealer finance portfolio was sold to Macquarie Group.[3][4] In March 2019, ANZ retired the Esanda brand.[5]
References
- ^ ES&A form 2m HP offshoot The Argus 21 October 1955 page 15
- ^ Our History Esanda
- ^ Acquisition of Esanda dealer finance portfolio from ANZ Banking Group Limited, capital raising and update to short term outlook Macquarie Group 8 October 2015
- ^ "Macquarie buys ANZ's Esanda Dealer Finance unit for $8.2b". Australian Financial Review. 8 October 2015. Retrieved 26 August 2020.
- Australia & New Zealand Banking Group
External links
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