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African Banking Corporation
The African Banking Corporation was a British overseas bank; its headquarters were in London but all its branches were overseas. Unusually, it was a consortium bank (i.e., other banks jointly owned it), rather than being owned by individuals. It operated primarily in South Africa. In 1920 the bank was bought out and merged with Standard Bank of South Africa. History * In 1890 Lloyds Bank, National Provincial, Westminster, and Standard Bank of South Africa established the African Banking Corporation (ABC). ABC began its operations with a branch in Lagos, Nigeria. * In 1891 ABC acquired a number of banks in South Africa : Western Province Bank (est. 1847), Kaffrarian Colonial Bank (est. 1862), and Worcester Commercial Bank (est. 1850). That same year, it also established a branch in Tangier. * In 1892 ABC took over the banking operations in Lagos, Nigeria of shipping company Elder Dempster. George Neville of Elder Dempster became the branch manager, but within a year ABC wished to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Africa Banking Corporation Bank Note
Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area and 20% of its land area.Sayre, April Pulley (1999), ''Africa'', Twenty-First Century Books. . With billion people as of , it accounts for about of the world's human population. Africa's population is the youngest amongst all the continents; the median age in 2012 was 19.7, when the worldwide median age was 30.4. Despite a wide range of natural resources, Africa is the least wealthy continent per capita and second-least wealthy by total wealth, behind Oceania. Scholars have attributed this to different factors including geography, climate, tribalism, Scramble for Africa, colonialism, the Cold War, neocolonialism, lack of democracy, and corruption. Despite this low concentration of wealth, recent economic expansion and the large and young ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
German South-West Africa
German South West Africa (german: Deutsch-Südwestafrika) was a colony of the German Empire from 1884 until 1915, though Germany did not officially recognise its loss of this territory until the 1919 Treaty of Versailles. With a total area of 835,100 km², it was one and a half times the size of the mainland German Empire in Europe at the time. The colony had a population of around 2,600 Germans. German rule over this territory was punctuated by numerous rebellions by its native African peoples, which culminated in a campaign of German reprisals from 1904 to 1908 known as the Herero and Namaqua genocide. In 1915, during World War I, German South West Africa was invaded by the Western Allies in the form of South African and British forces. After the war its administration was taken over by the Union of South Africa (part of the British Empire) and the territory was administered as South West Africa under a League of Nations mandate. It became independent as Namibia on 21 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trading Companies Disestablished In The 20th Century
Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market (economics), market. An early form of trade, barter, saw the direct exchange of goods and services for other goods and services, i.e. trading things without the use of money. Modern traders generally negotiate through a medium of exchange, such as money. As a result, buying can be separated from selling, or Earnings, earning. The History of money#Emergence of money, invention of money (and letter of credit (finance), credit, paper money, and digital currency, non-physical money) greatly simplified and promoted trade. Trade between two traders is called bilateral trade, while trade involving more than two traders is called multilateral trade. In one modern view, trade exists due to specialization and the division of labour, a predominant form of economic activity in which individuals and grou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Companies Established In 1890
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Companies Disestablished In 1920
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
History Of Lagos
Lagos is the largest and former capital city of Nigeria and the largest city in Africa in terms of population with about 15.3 million people living in it. It is also the 4th largest economy in Africa. Location Lagos is in Lagos State in South-Western Nigeria. It is bounded on the west by the Republic of Benin, to the north and east by Ogun State with the Atlantic Ocean providing a coastline on the south. Lagos is made up of a collection of islands surrounded by creeks that fringe the mouth of the Lagos lagoon on the southwest. It is separated from the Atlantic Ocean by a stretch of loosely connected barrier islands and sand spits. Historical names ''Lagos'' means "lakes" in Portuguese, the language of the first Europeans to arrive at the land already long inhabited by the Awori which belonged to the Yoruba people. To the Awori, the area was initially known as "''Oko''". Later on, the Kingdom of Benin dubbed the local settlement "''Eko''", before the Portuguese would refer to it as ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1920
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1890
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a Bank regulation, high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concept ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
British Overseas Banks
British may refer to: Peoples, culture, and language * British people, nationals or natives of the United Kingdom, British Overseas Territories, and Crown Dependencies. ** Britishness, the British identity and common culture * British English, the English language as spoken and written in the United Kingdom or, more broadly, throughout the British Isles * Celtic Britons, an ancient ethno-linguistic group * Brittonic languages, a branch of the Insular Celtic language family (formerly called British) ** Common Brittonic, an ancient language Other uses *''Brit(ish)'', a 2018 memoir by Afua Hirsch *People or things associated with: ** Great Britain, an island ** United Kingdom, a sovereign state ** Kingdom of Great Britain (1707–1800) ** United Kingdom of Great Britain and Ireland (1801–1922) See also * Terminology of the British Isles * Alternative names for the British * English (other) * Britannic (other) * British Isles * Brit (other) * Briton (d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of South Africa
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Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Windhoek
Windhoek (, , ) is the capital and largest city of Namibia. It is located in central Namibia in the Khomas Highland plateau area, at around above sea level, almost exactly at the country's geographical centre. The population of Windhoek in 2020 was 431,000 which is growing continually due to an influx from all over Namibia. Windhoek is the social, economic, political, and cultural centre of the country. Nearly every Namibian national enterprise, governmental body, educational and cultural institution is headquartered there. The city developed at the site of a permanent hot spring known to the indigenous pastoral communities. It developed rapidly after Jonker Afrikaner, Captain of the Orlam, settled there in 1840 and built a stone church for his community. In the decades following, multiple wars and armed hostilities resulted in the neglect and destruction of the new settlement. Windhoek was founded a second time in 1890 by Imperial German Army Major Curt von François, whe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
South-West Africa
South West Africa ( af, Suidwes-Afrika; german: Südwestafrika; nl, Zuidwest-Afrika) was a territory under South African administration from 1915 to 1990, after which it became modern-day Namibia. It bordered Angola (Portuguese colony before 1975), Botswana ( Bechuanaland before 1966), South Africa, and Zambia (Northern Rhodesia before 1964). Previously the German colony of South West Africa from 1884–1915, it was made a League of Nations mandate of the Union of South Africa following Germany's defeat in the First World War. Although the mandate was abolished by the United Nations in 1966, South African control over the territory continued despite its illegality under international law. The territory was administered directly by the South African government from 1915 to 1978, when the Turnhalle Constitutional Conference laid the groundwork for semi-autonomous rule. During an interim period between 1978 and 1985, South Africa gradually granted South West Africa a limited for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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