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Bastianpillai Paul Nicholas also known as B.P. Nicholas was the founder of the Oriental Bank of Malaya and was the first Asian banker in British colonial history. He was also the only ethnic Ceylon Tamil ever to acquire a banking license in Malaya.
B. P. Nicholas commenced his first monetary business providing financial services with a close friend[ who? ] in Ipoh, Perak between the years 1918 and 1920. He is recognised as one of the first Asian bankers in the history of British Colonial Malaya. [1]
Back then,[ when? ] the Indian community predominantly the Tamil people were involved in various agricultural, constructions and economical activities. Some took turns to evolve into business owners and conglomerates with assistance from family wealth.
The Rothschild family is a wealthy Ashkenazi Jewish noble banking family originally from Frankfurt that rose to prominence with Mayer Amschel Rothschild (1744–1812), a court factor to the German Landgraves of Hesse-Kassel in the Free City of Frankfurt, Holy Roman Empire, who established his banking business in the 1760s. Unlike most previous court factors, Rothschild managed to bequeath his wealth and established an international banking family through his five sons, who established businesses in London, Paris, Frankfurt, Vienna, and Naples. The family was elevated to noble rank in the Holy Roman Empire and the United Kingdom. The family's documented history starts in 16th century Frankfurt; its name is derived from the family house, Rothschild, built by Isaak Elchanan Bacharach in Frankfurt in 1567.
HSBC Holdings plc, acronym from its founding member The Hongkong and Shanghai Banking Corporation, is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA).
The British Bankers' Association (BBA) was a trade association for the UK banking and financial services sector. From 1 July 2017, it was merged into UK Finance.
The Central Bank of Malaysia is the Malaysian central bank. Established on 26 January 1959 as the Central Bank of Malaya, its main purpose is to issue currency, act as banker and adviser to the government of Malaysia and regulate the country's financial institutions, credit system and monetary policy. Its headquarters is located in Kuala Lumpur, the federal capital of Malaysia.
Indian Bank is an Indian public sector bank, established in 1907 and headquartered in Chennai. It serves over 100 million customers with 41,645 employees, 5,814 branches with 4,929 ATMs and Cash deposit machines. Total business of the bank has touched ₹1,094,752 crore (US$140 billion) as onfMarch 231, 023.
Indian Overseas Bank (IOB) is an Indian public sector bank based in Chennai. During the nationalisation, IOB was one of the 14 major banks taken over by the government of India. On 5 December 2021, IOB got Degidhan Award 2020–21 by Ministry of Electronics & Information Technology for achieving second highest percentage of digital payment transaction among public sector banks. As on 31 March 2022, IOB's total business stands at ₹417,960 crore (US$52 billion). It has about 3,220 domestic branches, 2 DBUs about 4 foreign branches and representative office. Founded in February 1937 by M. Ct. M. Chidambaram Chettyar with twin objectives of specializing in FOREX and overseas banking.
The Chartered Bank of India, Australia and China was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria.
Commonwealth banknote-issuing institutions also British Empire Paper Currency Issuers comprises a list of public, private, state-owned banks and other government bodies and Currency Boards who issued legal tender: banknotes.
Wee Cho Yaw was a Singaporean banker, businessman, investor, and philanthropist. He served as chairman emeritus and honorary adviser of the United Overseas Bank (UOB), and chairman of the UOL Group.
Diwan Bahadur Sir Satappa Ramanatha Muttaiya Annamalai Chettiar, Raja of ChettinadKCSI was an Indian industrialist, banker, educationist and philanthropist from Tamil Nadu. He is the founder of Annamalai University in Chidambaram and one of the founders of Indian Bank, along with his brother S. Rm. M. Ramaswami Chettiar.
Banking in the United Kingdom can be considered to have started in the Kingdom of England in the 17th century. The first activity in what later came to be known as banking was by goldsmiths who, after the dissolution of English monasteries by Henry VIII, began to accumulate significant stocks of gold.
First Bank of Nigeria is a multinational bank and financial services company in Lagos, Nigeria. First Bank is owned by FBN Holdings PLC, which in itself has diversified ownership with over 1.3 million shareholders.
The Jawi Peranakan is an ethnic group found primarily within the Malaysian state of Penang and in Singapore, both regions were part of the historical Straits Settlements where their culture and history is centred around. The term "Jawi Peranakan" refers to locally born, Malay-speaking Muslims of mixed Indian and Malay ancestry. Over time, this has grown to include people with Arab ancestry as well. They were an elite group within the British Malayan community in mid-19th century Malaya. In addition to their substantial wealth and social standing, they are remembered for setting up the first Malay newspaper in Malaysia, Singapore, Indonesia and China, the Jawi Peranakan and their influences on Malay culture.
Lee Choon Seng was a businessman and philanthropist in pre-independence Singapore. He founded several companies, cultivated rubber plantations in Malaya and started Chinese banks in the region. Lee held leadership roles in several Chinese community organisations in Singapore, notably the Singapore Chinese Chamber of Commerce and Industry (SCCCI), and supported Sun Yat-Sen's revolutionary cause in China. In addition, he promoted the growth of Buddhism in Singapore by setting up several Buddhist institutions, including the Singapore Buddhist Lodge, Singapore Buddhist Federation and Poh Ern Shih Temple. In 2008, his life and contributions to society were commemorated in a memorial hall at the Ee Hoe Hean Club.
Lim Peng Siang was a businessperson in Singapore and Malaya. Together with his brother Lim Peng Mau, he founded the Ho Hong Group of companies in 1904, which had interests in banking, shipping, parboiled rice, oil mills, cement, coconut and other businesses. He was a president of the Singapore Chinese Chamber of Commerce and a member of the Chinese Advisory Board. Peng Siang Quay in Singapore is named after him.
The Oriental Bank Corporation, or "OBC", was a British imperial bank founded in India in 1842 which grew to be prominent throughout the Far East. As an Exchange bank, the OBC was primarily concerned with the finance of trade and exchanges of different currencies. It was the first bank in Hong Kong and the first bank to issue banknotes in Hong Kong.
Joh. Berenberg, Gossler & Co. KG, commonly known as Berenberg Bank and also branded as simply Berenberg, is a multinational full-service private and merchant bank headquartered in Hamburg, Germany.
The British credit crisis of 1772–1773, also known as the crisis of 1772, or the panic of 1772, was a peacetime financial crisis which originated in London and then spread to Scotland and the Dutch Republic. It has been described as the first modern banking crisis faced by the Bank of England. New colonies, as Adam Smith observed, had an insatiable demand for capital. Accompanying the more tangible evidence of wealth creation was a rapid expansion of credit and banking, leading to a rash of speculation and dubious financial innovation. In today's language, they bought shares on margin.
Uthumalai, also known as Uttumalai, is a village in the Indian state of Tamil Nadu. It lies in Veerakeralampudur taluk, which itself is in Tenkasi district.