National Mutual Royal Bank Explained

Industry:	Banking
Predecessor:	National Mutual Permanent Building Society
Foundation:	27 February 1986
Defunct:	March 1990
Location Country:	Australia
Parent:	National 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]}

Notes and References

1. https://trove.nla.gov.au/newspaper/article/122514160 National Mutual Royal Bank
2. https://trove.nla.gov.au/newspaper/article/118208370 Bank opens for business
3. https://trove.nla.gov.au/newspaper/article/119471826 NMR Bank wins vote
4. https://www.afr.com/politics/anz-national-mutual-create-170bn-giant-19900329-k3v0p ANZ, National Mutual create $170bn Giant
5. https://www.anz.com/shareholder/centre/about/history/ History