Industry | Leasing |
---|---|
Founded | October 1955 |
Founder | English, Scottish & Australian Bank |
Defunct | March 2019 |
Website | www.esanda.com |
Esanda was an Australian finance company. Founded in 1955 by the English, Scottish & Australian Bank, it became a subsidiary of the Australia & New Zealand Banking Group in 1987. The brand was retired in 2019.
Esanda was established in October 1955 as the commercial financing division of the English, Scottish & Australian Bank (ES&A). [1] It became a subsidiary 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]