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Bank Of Saint Helena
The Bank of St Helena is a government-owned bank based in the British Overseas Territory of Saint Helena, Ascension and Tristan da Cunha. It operates branches on St Helena and Ascension Island. The Government of St. Helena owns 100% of the bank and operates it as a parastatal. The governor appoints the board of directors. The bank holds deposits of around SHP 73.2 million. On the asset side, lending accounts for SHP 16.5 million, and SHP 56.5 million is invested. Services The bank offers both current and savings accounts to personal customers, as well as business banking from its two offices, one in Jamestown, Saint Helena, and the other in Georgetown, Ascension Island. The bank also offers services to tourists and others visiting Saint Helena and Ascension Island. These include currency exchange, encashment of traveller's cheques and providing cash advances on selected credit/debit cards. The bank maintains a relationship with Lloyds Bank, allowing its customers to use the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by Share (finance), shares or by guarantee. In a company limited by shares, the liability of members is limited to the unpaid value of shares. In a company limited by guarantee, the liability of owners is limited to such amount as the owners may undertake to contribute to the assets of the company, in the event of being wound up. The former may be further divided in public companies (public limited company, public limited companies) and private companies (private limited company, private limited companies). Who may become a member of a private limited company is restricted by law and by the company's rules. In contrast, anyone may buy shares in a public limited company. Limited companies can be found in most countries, although the detailed rules governing them vary widely. It is also common for a distinct ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Georgetown, Ascension Island
Georgetown is the capital and chief settlement of Ascension Island, in the British Overseas Territory of Saint Helena, Ascension and Tristan da Cunha, situated on the west coast of the island. The town is centred on St Mary's Church, part of the Anglican Diocese of St Helena and the former Exiles Club, built as a Royal Marines barracks at the time of Napoleon's exile to Saint Helena in the early 19th century. The town is named after George III of the United Kingdom, King George III, who reigned at the time the island was claimed for Britain and garrisoned by the Admiralty in 1815. As well as the church, there is a pier, an athletics track, a small supermarket, Royal Mail post office, snackbar, hotel, police station, Georgetown Hospital, dental surgery, and a library. There is no school, however, and pupils travel to Two Boats, Ascension Island, Two Boats village, 3 miles inland. Naval history A naval base was established at Georgetown in 1816 due to British concerns that the Fre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organisations Based In Saint Helena
An organization or organisation (Commonwealth English; see spelling differences), is an entity—such as a company, an institution, or an association—comprising one or more people and having a particular purpose. The word is derived from the Greek word ''organon'', which means tool or instrument, musical instrument, and organ. Types There are a variety of legal types of organizations, including corporations, governments, non-governmental organizations, political organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and educational institutions, etc. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. A voluntary association is an organization consisting of volunteers. Such organizations may be able to operate without legal formalities, depending on jurisdiction, including ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2004
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] |
Economy Of Saint Helena
The economy of Saint Helena is based on export income from coffee, tourism, fishing, and sales of alcoholic liqueurs. Unemployment is very low in Saint Helena; the February 2016 Census stated that 76 people declared that they were unemployed (with 10 claiming unemployment benefit) compared to an economically active population of 2,539 and a total population of 4,534. Saint Helena is one of four countries which depend on financial assistance from the United Kingdom, which amounted to about £22.5 million in 2016–17. This supplements the £12.6 million raised from local tax revenues. The international airport has been open for private jets and Medivac services since 2016. A scheduled commercial air service began in October 2017. With a total investment of £285m the airport is the largest single investment ever made in the island. Until 2016, the only way to reach the island was by boat. The last working Royal Mail Ship made its final voyage serving St Helena in 2018. Saint Hel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of The United Kingdom
Central bank The Bank of England is the central bank of the United Kingdom. The Big Four British banking has been highly consolidated since the early 20th century. Unlike some other major economies, the UK does not have a major stratum of independent local banks. The number of independent banks shrank further during 2008: Northern Rock was nationalised by the UK Government (and is now owned by Virgin Money), followed by Bradford & Bingley; Alliance & Leicester was acquired by Santander, who merged it into Santander UK. On 18 September 2008, Lloyds TSB plc entered into a confirmed agreement to take over HBOS plc, which took effect on 19 January 2009, when HBOS was acquired and folded into Lloyds Banking Group. The retail and commercial banking markets are dominated by HSBC, Barclays, Lloyds Banking Group, NatWest Group and Spanish-owned Santander UK (most of these companies operate more than one banking brand in the UK). Banks incorporated in the UK A full list of busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Saint Helena
Politics of Saint Helena takes place in a framework of limited self-government as a dependent territory of the United Kingdom, whereby the Governor is the head of government. Saint Helena, an island in the southern Atlantic Ocean, is a part of the British overseas territory of Saint Helena, Ascension and Tristan da Cunha. It has had its present constitution since 1 September 2009. Executive power is exercised by the Governor and the Executive Council. Legislative power is vested in both the Governor and the Legislative Council. The judiciary is independent of the executive and the legislature. Military defence is the responsibility of the United Kingdom. Saint Helena had until 2009 two dependencies: Ascension Island and Tristan da Cunha. These territories have their own political structures with Administrators under the Governor of Saint Helena. They are now equal parts of Saint Helena, Ascension and Tristan da Cunha along with St Helena itself. Executive branch , align=lef ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United Kingdom
The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The United Kingdom includes the island of Great Britain, the north-eastern part of the island of Ireland, and many smaller islands within the British Isles. Northern Ireland shares a land border with the Republic of Ireland; otherwise, the United Kingdom is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. The total area of the United Kingdom is , with an estimated 2020 population of more than 67 million people. The United Kingdom has evolved from a series of annexations, unions and separations of constituent countries over several hundred years. The Treaty of Union between the Kingdom of England (which included Wales, annexed in 1542) and the Kingdom of Scotland in 170 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a British retail banking, retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four (banking), Big Four" clearing house (finance), clearing banks. Lloyds Bank is the largest retail bank in Great Britain, Britain, and has an extensive network of branches and Automated teller machine, ATMs in England and Wales (as well as an arrangement for its customers to be serviced by Bank of Scotland branches in Scotland, Halifax branches in Northern Ireland and vice versa) and offers 24-hour telephone and online banking services. it had 16 million personal customers and small business accounts. Founded in Birmingham in 1765, it expanded during the nineteenth and twentieth centuries and took over a number of smaller banking companies. In 1995 it merged with the Trustee Savings Bank and traded as Lloyds TSB Bank plc between 1999 and 2013. In January 2009, it became the principal subsidiary of Lloyds ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Helena Pound
The pound is the currency of the Atlantic islands of Saint Helena and Ascension, which are constituent parts of the British Overseas Territory of Saint Helena, Ascension and Tristan da Cunha. It is fixed at parity with sterling, and so both currencies are commonly accepted and circulated within Saint Helena. It is subdivided into 100 pence. Tristan da Cunha, the third part of the territory, officially adopted sterling. However, commemorative coins are occasionally minted for the island. History Initially, sterling coin circulated on Saint Helena, in units of a '' pound'' divided into 20 ''shillings'', each of 12 ''pence''. That was supplemented by occasional local issues of paper currencies. One coin, a copper halfpenny, was struck in 1821, specifically for use in the islands, and intermingled with sterling coinage. The notes were denominated in pounds and shillings, and valued at par with sterling. Prior to February 1961, the South African pound, which was then equal in va ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamestown, Saint Helena
Jamestown is the capital city of the British Overseas Territory of Saint Helena, Ascension and Tristan da Cunha, located on the island of Saint Helena in the South Atlantic Ocean. It is also the historic main settlement of the island and is on its north-western coast. Before the development of the port at Rupert's Bay, it was the island's only port and the centre of the island's road and communications network. It was founded when colonists from the English East India Company settled on the island in 1659 and was briefly occupied by the Dutch East India Company in 1673 before being recaptured. Many of the buildings built by the East India Company in the 18th century survive and give the town its distinctive Georgian flavour. The city briefly hosted Napoleon in 1815 during his exile on St. Helena and later served as a base for the Royal Navy's efforts to suppress the slave trade. It had no role during the First World War and only played a minor role during the Second World War. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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