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The Chartered Bank of India, Australia and China

The Chartered Bank of India, Australia and China
In the mid-19th century, European banks began to launch modern banking services in European colonies in the Indian sub-continent, the Far East and Africa. One such bank is the London-based The Chartered Bank of India, Australia and China. It was so named because it was established by a Royal Charter in 1853 .

The bank did open branches in India, China and many other countries in the Far East, but it actually wasn't given permission by the Australian government to operate there until decades later.

The Chartered Bank merged with the Standard Bank of South Africa (another British colonial bank) in 1969 and became Standard Chartered Bank. It's one of the largest emerging-market banks in the world.

Standard Chartered has been operating in Hong Kong since 1859, and today is still a banknote-issuing bank in Hong Kong. Old Hong Kong banknotes are very expensive on eBay, so I resorted to buying an old cheque because it's much more affordable.

I've published a page on the history of Standard Chartered Bank:
bankingmergers.blogspot.ca/2010/02/great-britain-bank-mer...

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