Fourth Banking Company for Port Moresby
p. 73 · Read in the full issue
fTIHE National Bank of Australasia, J. Ltd., opened a branch in Port Moresby on May 1. The bank, which offers full trading facilities is in the Burns Philp building in Musgrave Street.
Mr. R. A. Willock, who was formerly manager of the Barham branch in New South Wales, is manager at Port Moresby. An official of the company in Sydney said it was not known as yet
whether the bank would open branches in other parts of P-NG.
The National Bank is the fourth to establish itself in the Territory, The others are the Commonwealth, NSW and ANZ.
The National Bank was formed 99 years ago in Victoria during the gold rush period; it now has 847 branches in Australia. It has three offices in London which offer full trading facilities.