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The Standard Bank and Its Records as an Economic Source

In: Banking and Business in South Africa

Author

Listed:
  • Barbara Conradie

Abstract

The Standard Bank was the brainchild of a group of Port Elizabeth businessmen who wanted to establish their own local bank. They were unable to raise sufficient capital in South Africa and sent a deputation to England to raise the necessary money. The capital was luckily forthcoming and on 13 October 1862 the Standard Bank of British South Africa was born.

Suggested Citation

  • Barbara Conradie, 1988. "The Standard Bank and Its Records as an Economic Source," Palgrave Macmillan Books, in: Stuart Jones (ed.), Banking and Business in South Africa, chapter 10, pages 175-179, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-09632-9_10
    DOI: 10.1007/978-1-349-09632-9_10
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