Bank of Van Diemen's Land

Bank of Van Diemen's Land
Company typePublic
IndustryBanking and financial services
Founded11 August 1823 (201 years ago) (1823-08-11)
Defunct3 August 1891; 133 years ago (1891-08-03)
Headquarters40 Elizabeth Street, ,
Australia
Area served
Van Diemen's Land
(1823 – 1855)
Colony of Tasmania
(1855 – 1891)
Key people
George Frederick Read
(1827 – 1849)

Founded in 1823, the Bank of Van Diemen's Land was the first financial institution to be established in Van Diemen's Land. Affectionally referred to as the old bank, the Bank of Van Diemen's Land traded for 68 years before becoming the first major bank failure in what would become the Australian banking crisis of 1893.[1]

  1. ^ Felmingham, Bruce (2006). "Banking and Finance". The Companion to Australian History. University of Tasmania.