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UBank. UBank is an Australian direct bank, that operates as a division of National Australia Bank (NAB). It was established in 2008, and provides savings products and home loans online and over the phone. UBank operates under NAB's banking licence and uses its balance sheet, risk management and technology infrastructure.
up .com .au. Up, also known as Up Money and Up Banking, is an Australian neobank based in Melbourne, Victoria, Australia with more than 700,000 mostly young Australian customers. [1] Founded in 2018, Up was created as a collaboration between software development company Ferocia and Bendigo & Adelaide Bank. [2]
National Australia Bank (abbreviated NAB, branded nab) is one of the four largest financial institutions in Australia (colloquially referred to as "The Big Four") in terms of market capitalisation, earnings and customers. [3] [4] NAB was ranked the world's 21st-largest bank measured by market capitalisation [5] and 52nd- largest bank in the ...
The following is the list of banks in Australia, as well as restricted ADIs, credit unions, friendly societies and subsidiaries and branches of foreign banks in Australia. Financial institutions in Australia are supervised by the Australian Prudential Regulation Authority (APRA) as authorised deposit-taking institutions (ADI) under the Banking ...
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Parent. National Australia Bank. Website. www.86400.com.au. :86 400 was an Australian neobank. [1] It was founded in 2019 by Robert Bell and Anthony Thomson. [2] [3] [4] It was majority owned by payments company Cuscal. [5] [6] [7] It gained a licence to operate as an authorised deposit-taking institution in 2019.
1 April 1987. New Zealand retail banking subsidiary. Australia & New Zealand Banking Group. 28.1% (2022) [4] Auckland, New Zealand. ASB Bank. 11 May 1989. New Zealand retail banking subsidiary. Commonwealth Bank.
In 2008, Schenkel launched UBank, the direct bank of National Australia Bank which has grown its balance sheet to approximately $20b. Before launching UBank, Schenkel was general manager of NAB's CRM system. Prior to that, Schenkel worked for The Boston Consulting Group.
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