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Bank Of Williams And Rowland
The Bank of Williams and Rowland was a bank established in the 19th century and operating in Neath, in south Wales. The Bank was formed as a result of a business association between Rees Williams of Aberpergwm House, Glynneath, and John Rowland, both well respected local businessmen, in around 1821.Belcham, E., F., ‘About Aberpergwm: The Home of the Williams family in the Vale of Neath, Glamorgan’, published by Heritage Ventures, The Bank lasted for nearly 30 years and weathered the Panic of 1825, which wrecked many other banks. The Bank's notes came to be used locally by ‘Country Gentlemen and Farmers’ more so than the Bank of England The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of ...’s notes. The Bank merged with the Glamorganshire Banking Company in 1836. References ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
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 a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Neath
Neath (; cy, Castell-nedd) is a market town and Community (Wales), community situated in the Neath Port Talbot, Neath Port Talbot County Borough, Wales. The town had a population of 50,658 in 2011. The community of the parish of Neath had a population of 19,258 in 2011. Historic counties of Wales, Historically in Glamorgan, the town is located on the River Neath, east-northeast of Swansea. Etymology The town's English name ultimately derives from "" the original Welsh name for the River Neath and is known to be Proto-Celtic language, Celtic or Pre-Celtic. A meaning of 'shining' or 'brilliant' has been suggested, as has a link to the older Indo-European root ' (simply meaning 'river'). As such, the town may share its etymology with the town of Stratton, Cornwall and the River Nidd in Northern England. History Roman fort The town is located at a ford (crossing), ford of the River Neath and its strategic situation is evident by a number of Celts, Celtic hill forts, surrounding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wales
Wales ( cy, Cymru ) is a Countries of the United Kingdom, country that is part of the United Kingdom. It is bordered by England to the Wales–England border, east, the Irish Sea to the north and west, the Celtic Sea to the south west and the Bristol Channel to the south. It had a population in 2021 of 3,107,500 and has a total area of . Wales has over of coastline and is largely mountainous with its higher peaks in the north and central areas, including Snowdon (), its highest summit. The country lies within the Temperateness, north temperate zone and has a changeable, maritime climate. The capital and largest city is Cardiff. Welsh national identity emerged among the Celtic Britons after the Roman withdrawal from Britain in the 5th century, and Wales was formed as a Kingdom of Wales, kingdom under Gruffydd ap Llywelyn in 1055. Wales is regarded as one of the Celtic nations. The Conquest of Wales by Edward I, conquest of Wales by Edward I of England was completed by 1283, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Aberpergwm House
Aberpergwm House ( cy, Aberpergwm) is an abandoned and ruinous country house located in Glynneath, Wales. Within the grounds of the house sits the church of St. Cadoc, which is possibly of late medieval origin. Newman, J., ‘The Buildings of Wales: Glamorgan’, Penguin Books/University of Wales Press, 1995, Origins The present house is a remodelling of an older house known as Neuadd Pergwm.Lloyd, T., ‘The Lost Houses of Wales: A Survey of Country Houses in Wales Demolished Since c.1900 The house came into the ownership of the Williamses of Blaen Baglan in around 1560. It is said that Oliver Cromwell was related, and so the house was saved from pillage during the English Civil War. The Williams family were one of the few Welsh gentry families to remain faithful to the Welsh language.Davies, J., Jenkins, N., Baines, M., Lynch, P. I., ‘The Welsh Academy Encyclopaedia of Wales’, University of Wales Press Cardiff, 2008, (hardback), (paperback) Remodelling By 1850, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Glynneath
Glynneath ( cy, Glyn-nedd "valley of the River Neath"), also spelt ''Glyn-neath'' and ''Glyn Neath'', is a small town, community and electoral ward lying on the River Neath in the county borough of Neath Port Talbot, Wales. It was formerly in the historic county of Glamorgan. Glynneath ward covers only part of the community, with some 840 electors included in the neighbouring ward of Blaengwrach. Industrialisation reached Glynneath when coal mining started in 1793, and rapidly expanded when the Neath Canal came to the village in 1775. Many features of the old canal still survive to the present time. There are waterfalls to the north east at Pontneddfechan near the Brecon Beacons and large parts of the rural area are heavily forested. Notable buildings Glynneath is home to the ruins of Aberpergwm House. Once owned by Rhys ap Siancyn, Aberpergwm House became the home of the Williams family, Welsh gentry with a strong tradition of using the Welsh language over English. Their ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Panic Of 1825
The Panic of 1825 was a stock market crash that started in the Bank of England, arising in part out of speculative investments in Latin America, including an imaginary country: Poyais. The crisis was felt most acutely in Britain, where it led to the closure of twelve banks. It was also manifest in the markets of Europe, Latin America and the United States. Nation wide gold and silver confiscation ensued and an infusion of gold reserves from the Banque de France saved the Bank of England from collapse. The panic has been called the first modern economic crisis not attributable to an external event, such as a war, and so the start of modern economic cycles. The Napoleonic Wars had been highly profitable for all sectors of the British financial system, and the expansionist monetary actions taken during transition from war to peace brought a surge of prosperity and speculative ventures. The stock market boom became a bubble and banks caught in the euphoria made risky loans. Bank impr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694 to act as the English Government's banker, and still one of the bankers for the Government of the United Kingdom, it is the world's eighth-oldest bank. It was privately owned by stockholders from its foundation in 1694 until it was nationalised in 1946 by the Attlee ministry. The Bank became an independent public organisation in 1998, wholly owned by the Treasury Solicitor on behalf of the government, with a mandate to support the economic policies of the government of the day, but independence in maintaining price stability. The Bank is one of eight banks authorised to issue banknotes in the United Kingdom, has a monopoly on the issue of banknotes in England and Wales, and regulates the issue of banknotes by commercial banks in Scotland and Northern Ireland. The Bank's Monetary Policy Committee has devolved responsibility for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of Wales
{{Disambiguation ...
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] |
