African Banking Corporation

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African Banking Corporation bank note issued between 1900 and 1920 in the Transvaal Africa Banking Corporation Bank note.jpg
African Banking Corporation bank note issued between 1900 and 1920 in the Transvaal

The African Banking Corporation was a British overseas bank; its headquarters were in London but all its branches were overseas. Unusually, it was a consortium bank (i.e., other banks jointly owned it), rather than being owned by individuals. It operated primarily in South Africa. [1] In 1920 the bank was bought out and merged with Standard Bank of South Africa. [2]

History

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References

  1. Orbell, John, and Alison Turton. 2001. British Banking: A Guide to Historical Records. (Aldershot: Ashgate).
  2. Terry, Carolyn. 1978. The Desert Bankers: The Story of the Standard Bank in South West Africa. Cape Town: W.J. Flesch & Partners.
  3. Terry, Carolyn. 1978. The Desert Bankers: The Story of the Standard Bank in South West Africa. Cape Town: W.J. Flesch & Partners.