IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-11536-5_9.html
   My bibliography  Save this book chapter

Wesbank: South Africa’s Leading Hire Purchase Bank, 1968–90

In: Financial Enterprise in South Africa since 1950

Author

Listed:
  • Stuart Jones
  • G. W. Scott

Abstract

Wesbank is a hire purchase bank that grew up on the back of the automobile industry. Though its roots reach back into the 1890s, its real growth dates from the 1950s, when both the companies that came together to form Wesbank in 1968 began to finance the sale of motor vehicles. The 1950s were a time of rapid growth in the motor industry, the time when car-ownership became normal among the White section of the population — thirty years behind the United States, but ten years ahead of the United Kingdom. It was the enterprise of the Schlesinger Organisation and of the Sanger family that led to the dynamic growth of Wesbank’s original constituent parts and to the appearance on the South African financial scene of a new type of financial institution.

Suggested Citation

  • Stuart Jones & G. W. Scott, 1992. "Wesbank: South Africa’s Leading Hire Purchase Bank, 1968–90," Palgrave Macmillan Books, in: Stuart Jones (ed.), Financial Enterprise in South Africa since 1950, chapter 9, pages 213-235, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-11536-5_9
    DOI: 10.1007/978-1-349-11536-5_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-11536-5_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.