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1969 The Chartered Bank |
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Stock Code TCB01 |
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| Company |
The Chartered Bank, formed in 1853
and previously known as The Chartered Bank Of India, Australia and
China |
| Description |
Certificate no. 48719 for £31 of stock. Black and white
certificate with
ornate left hand scrollwork and imprint of company seal. |
| Issued To |
District Bank (Liverpool) Nominees Ltd |
| Issue Date |
21st
March 1969 |
| Company
Officers |
| Stafford
Northcote |
General
Manager |
Printed
Signature |
| - |
Secretary |
Printed
Signature |
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| Size |
25cm
wide x 21cm high |
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Note that
although this item has now been sold, we may be able to acquire
another one for you. Email us
if you are interested in this stock |
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UNFRAMED :
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relevant button below to include shipping to your country. Only one
shipping charge is required for unframed certificates,
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The
Chartered Bank of India, Australia and China (or simply The
Chartered Bank) was a bank founded in London in 1851/1853 by James
Wilson following the grant of a Royal Charter from Queen Victoria.
It opened its first branches in 1858 in Calcutta and Bombay and then
Shanghai.
The following year, it opened a branch in Hong Kong and an agency in
Singapore. In 1861, the Singapore agency was upgraded to a branch.
In 1862, the bank was authorised to issue bank notes in Hong Kong, a
privilege it continues to exercise to this day. Over the following
decades, it printed bank notes in China and Malaysia. The bank's
expansion continued through the 1860s to the 1900s, leading it to
open branches across Asia. The bank's traditional business was in
cotton from Mumbai (Bombay), indigo and tea from Calcutta, rice in
Burma, sugar from Java, tobacco from Sumatra, hemp in Manila and
silk from Yokohama. It played a major role in the development of
trade with the East which followed the opening of the Suez Canal in
1869, and the extension of the telegraph to China in 1871.
In the early 1900s, the bank opened offices in New York and Hamburg.
When it established its New York branch in 1912, Chartered Bank
became the first foreign bank to be issued a license to operate in
New York. The bank's office in Yokohama, Japan was destroyed by the
Great Kanto earthquake in 1923, which killed a number of its staff.
In 1927 the bank acquired P&O Bank, which had offices in Colombo,
Shanghai, Hong Kong, Singapore, and Canton. P&O Bank also owned
Allahabad Bank. Chartered Bank merged in P&O Bank, but continued to
run Allahabad Bank separately until the Government of India
nationalized Allahabad in 1969. The bank was greatly affected by the
Second World War.
In 1957, the Chartered Bank acquired the Eastern Bank, giving it a
network of branches in Aden, Bahrain, Beirut, Lebanon, Qatar and the
UAE. It also bought the Ionian Bank’s Cyprus Branches.
Chartered Bank merged with the Standard Bank of South Africa in
1969, and the combined bank became the Standard Chartered Bank. Both
companies were keen to capitalise on the huge expansion of trade and
to earn the handsome profits to be made from financing the movement
of goods from Europe to the East and to Africa.
The Chartered Bank of India, Australia and China (or simply The
Chartered Bank) was a bank founded in London in 1851/1853 by James
Wilson following the grant of a Royal Charter from Queen Victoria.
It opened its first branches in 1858 in Calcutta and Bombay and then
Shanghai.
The following year, it opened a branch in Hong Kong and an agency in
Singapore. In 1861, the Singapore agency was upgraded to a branch.
In 1862, the bank was authorised to issue bank notes in Hong Kong, a
privilege it continues to exercise to this day. Over the following
decades, it printed bank notes in China and Malaysia. The bank's
expansion continued through the 1860s to the 1900s, leading it to
open branches across Asia. The bank's traditional business was in
cotton from Mumbai (Bombay), indigo and tea from Calcutta, rice in
Burma, sugar from Java, tobacco from Sumatra, hemp in Manila and
silk from Yokohama. It played a major role in the development of
trade with the East which followed the opening of the Suez Canal in
1869, and the extension of the telegraph to China in 1871.
In the early 1900s, the bank opened offices in New York and Hamburg.
When it established its New York branch in 1912, Chartered Bank
became the first foreign bank to be issued a license to operate in
New York. The bank's office in Yokohama, Japan was destroyed by the
Great Kanto earthquake in 1923, which killed a number of its staff.
In 1927 the bank acquired P&O Bank, which had offices in Colombo,
Shanghai, Hong Kong, Singapore, and Canton. P&O Bank also owned
Allahabad Bank. Chartered Bank merged in P&O Bank, but continued to
run Allahabad Bank separately until the Government of India
nationalized Allahabad in 1969. The bank was greatly affected by the
Second World War.
In 1957, the Chartered Bank acquired the Eastern Bank, giving it a
network of branches in Aden, Bahrain, Beirut, Lebanon, Qatar and the
UAE. It also bought the Ionian Bank’s Cyprus Branches.
Chartered Bank merged with the
Standard Bank of South Africa in 1969, and the combined bank
became the Standard Chartered Bank. Both companies were keen to
capitalise on the huge expansion of trade and to earn the handsome
profits to be made from financing the movement of goods from Europe
to the East and to Africa.
source: www.wikipedia.org
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