Knowledge

Bank of British West Africa

Source πŸ“

572: 366: 777: 789: 130:. Its main business then was the distribution of silver coins, of which it was the sole supplier. As the only bank in the country at the time, it came to play a unique role in the economy, acting as the Central Bank. In 1902, it opened another branch in 299:
in 1979. Standard Chartered sold its remaining shares in First Bank of Nigeria in 1996. The present Standard Chartered Bank Nigeria, therefore, traces its presence in Nigeria only to 1999, when the bank re-entered Nigeria with a new, wholly owned
226:
acquired Cox & Co, which had branches in Egypt, but was itself a shareholder in BBWA. To avoid competing with itself, Lloyds had BBWA transfer its Egyptian business to Lloyds Bank. In 1926 Lloyds transferred its operations in Egypt to the
319:
By 1974 SBWA had only two branches, both in The Gambia, and in 1978, SBWA transferred these two branches to Standard Bank Gambia Ltd. Until 2002, by then Standard Chartered Bank Gambia remained the only bank in The
295:, Nigeria's military government sought to increase local control of the retail-banking sector. Standard Chartered Bank's investment in Standard Bank Nigeria fell to 38%, and the bank changed its name to 274:
in return for Chase taking a 15% stake in Standard Bank, a stake that it sold in the late 1970s. BWA still operated one branch each in the French and British Cameroon Mandates, and in Morocco
26:(BBWA) was a British Overseas bank that was important in introducing modern banking into the countries that emerged from the UK's West African colonies. In 1957 it changed its name to 496: 64: 56: 303:
The present Standard Chartered Bank Sierra Leone traces its corporate history back to BBWA's commissioning the Elder Dempster as its agents in Freetown in 1894
880: 895: 900: 179:
1912 β€” BBWA took over the activities of Bank of Nigeria, which local merchants had established in 1899 or 1902 to create a competitor to BBWA
596: 414: 285:. SBWA spun off Standard Bank of Ghana, Standard Bank Nigeria, and Standard Bank of Sierra Leone, which went on to have separate histories 278: 17: 465: 270:
1965 β€” Standard Bank acquired BWA, and renamed it Standard Bank of West Africa. SBWA acquired the Liberian and Nigerian branches of
885: 793: 890: 261:
In 1954 or so BBWA closed its Hamburg branch, which presumably had been in abeyance during World War II and reopened thereafter
875: 860: 387: 870: 745: 330: 288:
1 January 1985 β€” the Ghanaian operation became Standard Chartered Bank Ghana, under which name it continues to operate
189:
1916 β€” BBWA closed its branch in Douala following Douala's transfer to French administration, but opened an agency in
547: 650: 407: 815: 709: 850: 89:. Within a year they wished to close it down. Instead, they sold the operation to A.L. Jones and Elder Dempster 291:
1971 β€” Standard Bank of Nigeria placed 13% of its share capital with Nigerian investors. After the end of the
451: 92:
1893 β€” Elder Dempster helped form Bank of British West Africa (BBWA) which took over the ex-ABC operation in
840: 825: 491: 461: 865: 781: 619: 521: 506: 501: 486: 446: 400: 383: 143: 78: 835: 855: 516: 511: 142:. British Bank of West Africa expanded its network to cover most of the main business centres in the 624: 481: 476: 471: 456: 219: 31: 845: 830: 282: 254:
1953 β€” BBWA lost its central banking functions in Ghana. The Ghanaian government established the
820: 689: 228: 223: 206: 704: 629: 586: 296: 271: 138:
in 1905, which it raised to the status of a branch in 1909. In 1906 it opened a branch in
8: 724: 694: 423: 292: 48: 729: 719: 666: 645: 571: 60: 351:
Bankers in West Africa : the story of the Bank of British West Africa Limited
714: 699: 557: 552: 379: 313: 264:
1957 β€” Bank of British West Africa changed its name to Bank of West Africa (BWA)
606: 601: 537: 238: 44: 809: 542: 255: 233:
Between 1930 and 1940 BBWA closed most of its branches it had established in
190: 96:. Eventually, BBWA established branches in Liverpool, London, and Manchester. 672: 371: 174: 154: 104: 72: 614: 196: 164: 112: 52: 258:
to combine commercial banking activities and central banking functions
392: 68: 212:
1912 β€” BBWA re-opened a branch in Douala, French Cameroons, and in
170: 150: 100: 248: 234: 131: 116: 86: 16:"BBWA" redirects here. For the baseball writers association, see 309: 308:
Between 1969 and 1974, Standard Bank also closed the branches (
183: 160: 139: 135: 108: 242: 213: 200: 127: 123: 93: 82: 380:
Documents and clippings about Bank of British West Africa
71:, attempted to develop a banking operation along the 361: 186:, The Cameroons, following the Anglo-French invasion 146:
and went on to dominate commercial banking in Ghana
99:1894 β€” Elder Dempster Co, were appointed agents in 209:and three other banks became shareholders in BBWA 807: 81:acquired Elder Dempster's banking operations in 408: 597:Chartered Bank of India, Australia and China 247:In 1937 or so, BBWA established a branch in 169:In about 1910 BBWA established a branch in 63:, near London in 1852), the local agent of 415: 401: 881:1893 establishments in the British Empire 896:British companies disestablished in 1965 316:) in Cameroon that it inherited from BWA 18:Baseball Writers' Association of America 267:1963 β€” BWA closed its branch in Tangier 808: 422: 901:British companies established in 1893 396: 788: 182:1915 β€” BBWA established a branch in 159:1902 β€” BBWA established a branch in 149:1898 β€” BBWA established a branch in 122:1896 β€” BBWA established a branch in 115:for BBWA. BBWA also took over ABC's 13: 222:took over BBWA's New York agency. 14: 912: 548:Standard Chartered Bank of Canada 357: 346:. (New York: Arno Press reprint). 277:1969 β€” Standard Bank merged with 787: 776: 775: 651:Standard Chartered Bank Building 570: 364: 886:1965 disestablishments in Egypt 331:Banque de l'Afrique Occidentale 195:1918 β€” BBWA opened a branch in 30:, and in 1965 was acquired by 1: 891:1965 mergers and acquisitions 452:Standard Chartered Bangladesh 220:Standard Bank of South Africa 876:Banks disestablished in 1965 497:Standard Chartered Sri Lanka 492:Standard Chartered Singapore 462:Standard Chartered Hong Kong 7: 861:Gold Coast (British colony) 592:Bank of British West Africa 522:Standard Chartered Zimbabwe 507:Standard Chartered Thailand 502:Standard Chartered Tanzania 487:Standard Chartered Pakistan 447:International Bank of Qatar 384:20th Century Press Archives 324: 79:African Banking Corporation 24:Bank of British West Africa 10: 917: 611:Hsinchu International Bank 342:Baster, A.S.J. 1926/1977. 336: 37: 15: 871:Banks established in 1893 754: 738: 682: 659: 638: 579: 568: 530: 517:Standard Chartered Zambia 512:Standard Chartered Uganda 439: 430: 134:. It opened an agency in 482:Standard Chartered Nepal 477:Standard Chartered Korea 472:Standard Chartered Kenya 457:Standard Chartered Ghana 65:Elder Dempster & Co. 710:Liverpool Football Club 675:(Group Chief Executive) 353:. (London: Hutchinson). 283:Standard Chartered Bank 816:British overseas banks 690:Greatest Race on Earth 256:Bank of the Gold Coast 229:National Bank of Egypt 57:George William Neville 851:Banks of Sierra Leone 705:Kuala Lumpur Marathon 587:American Express Bank 297:First Bank of Nigeria 55:, Wales in 1845) and 349:Fry, Richard. 1976. 272:Chase Manhattan Bank 841:Banks of the Gambia 826:British West Africa 746:Seeing is Believing 28:Bank of West Africa 866:Standard Chartered 725:Singapore Marathon 695:Hong Kong Marathon 424:Standard Chartered 344:The Imperial Banks 293:Nigerian Civil War 49:Alfred Lewis Jones 836:Banks of Cameroon 803: 802: 566: 565: 47:shipping magnate 908: 856:British Cameroon 791: 790: 779: 778: 770: 730:Singapore Sevens 720:Nairobi Marathon 669:(Group Chairman) 646:Six Battery Road 574: 437: 436: 417: 410: 403: 394: 393: 374: 369: 368: 367: 916: 915: 911: 910: 909: 907: 906: 905: 806: 805: 804: 799: 758: 750: 734: 715:Mumbai Marathon 700:Jersey Marathon 678: 655: 634: 575: 562: 553:Chartered Trust 526: 432: 426: 421: 370: 365: 363: 360: 339: 327: 40: 21: 12: 11: 5: 914: 904: 903: 898: 893: 888: 883: 878: 873: 868: 863: 858: 853: 848: 846:Banks of Ghana 843: 838: 833: 831:Banks of Egypt 828: 823: 818: 801: 800: 798: 797: 785: 772: 771: 755: 752: 751: 749: 748: 742: 740: 736: 735: 733: 732: 727: 722: 717: 712: 707: 702: 697: 692: 686: 684: 680: 679: 677: 676: 670: 663: 661: 657: 656: 654: 653: 648: 642: 640: 636: 635: 633: 632: 627: 622: 617: 612: 609: 607:Grindlays Bank 604: 602:Colesberg Bank 599: 594: 589: 583: 581: 577: 576: 569: 567: 564: 563: 561: 560: 555: 550: 545: 540: 538:Allahabad Bank 534: 532: 528: 527: 525: 524: 519: 514: 509: 504: 499: 494: 489: 484: 479: 474: 469: 459: 454: 449: 443: 441: 434: 428: 427: 420: 419: 412: 405: 397: 391: 390: 376: 375: 359: 358:External links 356: 355: 354: 347: 338: 335: 334: 333: 326: 323: 322: 321: 317: 306: 305: 304: 301: 289: 279:Chartered Bank 275: 268: 265: 262: 259: 252: 245: 239:Canary Islands 231: 216: 210: 203: 193: 187: 180: 177: 167: 157: 147: 120: 97: 90: 75: 45:Elder Dempster 39: 36: 9: 6: 4: 3: 2: 913: 902: 899: 897: 894: 892: 889: 887: 884: 882: 879: 877: 874: 872: 869: 867: 864: 862: 859: 857: 854: 852: 849: 847: 844: 842: 839: 837: 834: 832: 829: 827: 824: 822: 821:Defunct banks 819: 817: 814: 813: 811: 796: 795: 786: 784: 783: 774: 773: 769: 765: 761: 757: 756: 753: 747: 744: 743: 741: 737: 731: 728: 726: 723: 721: 718: 716: 713: 711: 708: 706: 703: 701: 698: 696: 693: 691: 688: 687: 685: 681: 674: 671: 668: 665: 664: 662: 658: 652: 649: 647: 644: 643: 641: 637: 631: 628: 626: 625:Standard Bank 623: 621: 618: 616: 613: 610: 608: 605: 603: 600: 598: 595: 593: 590: 588: 585: 584: 582: 578: 573: 559: 556: 554: 551: 549: 546: 544: 543:Standard Bank 541: 539: 536: 535: 533: 529: 523: 520: 518: 515: 513: 510: 508: 505: 503: 500: 498: 495: 493: 490: 488: 485: 483: 480: 478: 475: 473: 470: 467: 463: 460: 458: 455: 453: 450: 448: 445: 444: 442: 438: 435: 431:Divisions and 429: 425: 418: 413: 411: 406: 404: 399: 398: 395: 389: 385: 381: 378: 377: 373: 362: 352: 348: 345: 341: 340: 332: 329: 328: 318: 315: 311: 307: 302: 298: 294: 290: 287: 286: 284: 280: 276: 273: 269: 266: 263: 260: 257: 253: 250: 246: 244: 240: 236: 232: 230: 225: 221: 217: 215: 211: 208: 204: 202: 198: 194: 192: 191:New York City 188: 185: 181: 178: 176: 172: 168: 166: 162: 158: 156: 152: 148: 145: 141: 137: 133: 129: 125: 121: 118: 114: 110: 106: 102: 98: 95: 91: 88: 84: 80: 76: 74: 70: 66: 62: 58: 54: 50: 46: 42: 41: 35: 33: 32:Standard Bank 29: 25: 19: 792: 780: 767: 766:   763: 762:   760:Nationalized 759: 683:Sponsorships 673:Bill Winters 620:Eastern Bank 615:P&O Bank 591: 580:Predecessors 433:subsidiaries 372:Banks portal 350: 343: 175:Canary Isles 155:Sierra Leone 105:Sierra Leone 73:Guinea coast 27: 23: 22: 667:JosΓ© ViΓ±als 243:Fernando Po 224:Lloyds Bank 207:Lloyds Bank 810:Categories 660:Management 630:Union Bank 300:subsidiary 197:Alexandria 165:The Gambia 144:Gold Coast 113:The Gambia 53:Carmarthen 251:, Germany 173:, in the 69:Liverpool 59:(born at 51:(born in 782:Category 764:Spun off 558:20Twenty 466:Mox Bank 325:See also 314:Victoria 281:to form 171:Tenerife 161:Bathurst 151:Freetown 109:Bathurst 101:Freetown 61:Richmond 794:Commons 440:Current 386:of the 382:in the 337:Sources 320:Gambia. 249:Hamburg 235:Morocco 218:1923 β€” 205:1919 β€” 132:Sekondi 119:branch. 117:Tangier 87:Nigeria 77:1892 β€” 43:1891 β€” 38:History 639:Places 531:Former 310:Douala 237:, the 184:Douala 140:Kumasi 136:Obuasi 739:Other 214:Cairo 201:Egypt 128:Ghana 124:Accra 94:Lagos 83:Lagos 768:Sold 312:and 241:and 107:and 388:ZBW 67:of 812:: 199:, 163:, 153:, 126:, 111:, 103:, 85:, 34:. 468:) 464:( 416:e 409:t 402:v 20:.

Index

Baseball Writers' Association of America
Standard Bank
Elder Dempster
Alfred Lewis Jones
Carmarthen
George William Neville
Richmond
Elder Dempster & Co.
Liverpool
Guinea coast
African Banking Corporation
Lagos
Nigeria
Lagos
Freetown
Sierra Leone
Bathurst
The Gambia
Tangier
Accra
Ghana
Sekondi
Obuasi
Kumasi
Gold Coast
Freetown
Sierra Leone
Bathurst
The Gambia
Tenerife

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑