Chartered Bank of India, Australia and China
Former bank incorporated in London / From Wikipedia, the free encyclopedia
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This article is about the historic British bank, Chartered Bank, which in 1969 merged with historic South African Bank - Standard Bank. For the merged and currently existing British bank, see Standard Chartered Bank. For chartered banks in Canada, see Banking in Canada.
The Chartered Bank of India, Australia and China (informally The Chartered Bank) was a bank incorporated in London in 1853 by Scotsman James Wilson, under a Royal Charter from Queen Victoria.[1][2]
Quick Facts Industry, Founded ...
Industry | Banking |
---|---|
Founded | 1853 |
Founder | James Wilson with a royal charter |
Defunct | 1969 |
Fate | Merged with Standard Bank |
Successor | Standard Chartered |
Headquarters |
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Though lacking a truly strong domestic network in Britain, it was influential in the development of British colonial trade throughout the East of Suez.[3]
In 1969 Chartered Bank merged with Standard Bank, which did business throughout Africa. The merged enterprise was incorporated in London under the name Standard Chartered.