What was Bankwest called before?
Bankwest, a prominent Australian financial institution with deep historical roots in Western Australia, was originally established in 1895 under the name Agricultural Bank of Western Australia. Created initially by the state government to support struggling farmers and stimulate regional agricultural development during difficult economic times, the institution gradually expanded its mandate to offer broader savings and commercial banking services to the general public. By the 1980s, the bank underwent a major structural evolution, adopting the name The Rural and Industries Bank of Western Australia, commonly abbreviated as R&I Bank. Following its privatization and full corporate acquisition in the mid-1990s, the institution was rebranded simply as Bankwest, operating as a major regional subsidiary before eventually being fully integrated into the Commonwealth Bank of Australia group.
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