A BRIEF HISTORY OF BANKS IN THE STRAITS SETTLEMENTS AND MALAYSIA 1840 – 1986 ( PART 4 )
A BRIEF HISTORY OF BANKS IN THE STRAITS SETTLEMENTS AND MALAYSIA 1840 – 1986 by Saran Singh AMN, AMP, PNM
(Part 4)
(Part 1):
http://dniewcollectors.blogspot.com/2011/09/brief-history-of-banks-in-straits.html
(Part 2):
http://dniewcollectors.blogspot.com/2011/09/brief-history-of-banks-in-straits_29.html
(Part 3):
LIST OF FOREIGN INCORPORATED COMMERCIAL BANKS IN MALAYSIA (1986)
BUSINESS IN MALAYSIA YEAR COMMENCED (X)
NUMBER OF BRANCHES IN MALAYSIA (Y)
1. Standard Chartered Bank (1875)(36)
2. The Hongkong and Shanghai Banking Corporation (1884) (36)
3. Algemene Bank Nederland N.V. (1888) (2)
4. Lee Wah Bank Limited (1920) (9)
5. Overseas-Chinese Banking Corporation Limited (1932) (25)
6. Chung Khiaw Bank Limited (1951) (16)
7. The Bank of Canton Limited (1957) (1)
8. Overseas Union Bank Limited (1958) (12)
9. Citibank N.A. (1959) (3)
10. The Bank of Tokyo Limited (1959) (1)
11. Bangkok Bank Limited (1959) (1)
12. Bank of America NT & SA (1959) (1)
13. The Chase Manhattan Bank NA (1964) (1)
14. United Overseas Bank Limited (1966) (1)
15. European Asian Bank (1972) (1)
(name changed to Deutsche Bank (Asia) on 15.12.86)
16. The Bank of Nova Scotia (1973) (1)
Total Number of Branches in Malaysia (1986) (146)
(Part 4)
(Part 1):
http://dniewcollectors.blogspot.com/2011/09/brief-history-of-banks-in-straits.html
(Part 2):
http://dniewcollectors.blogspot.com/2011/09/brief-history-of-banks-in-straits_29.html
(Part 3):
LIST OF FOREIGN INCORPORATED COMMERCIAL BANKS IN MALAYSIA (1986)
BUSINESS IN MALAYSIA YEAR COMMENCED (X)
NUMBER OF BRANCHES IN MALAYSIA (Y)
1. Standard Chartered Bank (1875)(36)
2. The Hongkong and Shanghai Banking Corporation (1884) (36)
3. Algemene Bank Nederland N.V. (1888) (2)
4. Lee Wah Bank Limited (1920) (9)
5. Overseas-Chinese Banking Corporation Limited (1932) (25)
6. Chung Khiaw Bank Limited (1951) (16)
7. The Bank of Canton Limited (1957) (1)
8. Overseas Union Bank Limited (1958) (12)
9. Citibank N.A. (1959) (3)
10. The Bank of Tokyo Limited (1959) (1)
11. Bangkok Bank Limited (1959) (1)
12. Bank of America NT & SA (1959) (1)
13. The Chase Manhattan Bank NA (1964) (1)
14. United Overseas Bank Limited (1966) (1)
15. European Asian Bank (1972) (1)
(name changed to Deutsche Bank (Asia) on 15.12.86)
16. The Bank of Nova Scotia (1973) (1)
Total Number of Branches in Malaysia (1986) (146)
LIST OF MERCHANT BANKS IN KUALA LUMPUR (as at 1986)
1. Amanah-Chase Merchant Bank Berhad
2. Arab-Malaysian Merchant Bank Berhad
3. Aseambankers Malaysia Berhad
4. Asian International Merchant Bankers Berhad
5. Asiavest Merchant Bankers (M) Berhad
6. Bumiputra Merchant Bankers Berhad
7. D & C Nomura Merchant Bankers Berhad
8. Malaysian International Merchant Bankers Berhad
9. Permata Chartered Merchant Bank Malaysia Berhad
10. Pertanian Baring Sanwa Berhad
11. Rakyat First Merchant Bankers Berhad
12. Utama Wardley Berhad
LIST OF GOVERNMENT CONTROLLED BANKS IN MALAYSIA (as at 1986)
1. Bank Islam Malaysia Berhad, Kuala Lumpur
2. Bank Kemajuan Perusahaan Malaysia Berhad, Kuala Lumpur
3. Bank Kerjasama Rakyat Malaysia Berhad, Kuala Lumpur
4. Bank Pembangunan Malaysia Berhad, Kuala Lumpur
5. Bank Pertanian Malaysia, Kuala Lumpur
6. Bank Simpanan Nasional Malaysia, Kuala Lumpur
7. The Co-Operative Central Bank Limited, Kuala Lumpur
8. Malaysian Industrial Development Finance Berhad (MIDF), Kuala Lumpur
9. Sabah Development Bank Berhad, Kota Kinabalu
LIST OF FOREIGN BANKS HAVING REPRESENTATIVE OFFICES IN KUALA LUMPUR (as at 1987)
1. Australia and New Zealand Banking Group Limited
2. Gringlays Bank P.L.C.
3. Banca Nazionale Del Lavoro
4. The Bank of California N.A.
5. Bank of Indonesia
6. Banque Indosuez
7. Banque Nationale De Paris
8. Banque Paribas
9. Barclays Bank P.L.C.
10. Chemical Bank
11. The Dai-Ichi Kangyo Bank Limited
12. The Daiwa Bank Limited
13. The Fuji Bank Limited
14. The Industrial Bank of Japan
15. Korea Exchange Bank
16. Lloyds Bank International Limited
17. The Long-Term Credit Bank of Japan
18. Manufacturers Hanover Trust Company
19. The Mitsubishi Bank Limited
20. The Mitsui Bank Limited
21. Morgan Guaranty Trust Company of New York
22. National Australia Bank Limited
23. National Westminster Bank P.L.C.
24. The Saitama Bank Limited
25. The Sanwa Bank Limited
26. Societe Generale
27. The Sumitomo Bank Limited
28. The Taiyo Bank Limited
29. The Tokai Bank Limited
30. Westpac Banking Corporation
References: (a) Straits Settlements Government Gazettes
(b) Personal papers and notes of Mr. William L.S. Barrett, Canada
(c) “A History of Currency in the British Colonies” by Robert Chalmers. Pages 381 – 388 (England 1893)
(d) “The Chinese Banks Incorporated in Singapore and The Federation of Malaya” by Tan Ee-Leong (Journal Malaya Branch Royal Asiatic
(e) “Paper Currency of Malaysia, Singapore and Brunei 1849 – 1970” by William Shaw and Mohd Kassim Hj Ali (Muzium Negara, K.Lumpur, ’71)
(f) “Bankers Directory of Malaysia 1985” (Published by The Association of Banks in Malaysia)
(g) “The Kuala Lumpur Bankers Directory 1986” (Published by Arab-Malaysian Merchant Bank Berhad)
(h) “The First Notes of Singapore” by Colin Narbeth (Coin & Medal News – February 1986)
Photo Illustrations: The notes of the early private Banks are reproduced from “Standard Catalogue of Malaysia Singapore Brunei Coins and Paper Money” 19th Edition (2010) curtsey of Mr Steven Tan, Kuala Lumpur (Published by International Stamp & Coin Sdn Bhd)
Note: The information contained in the above article was researched in 1986 and is up-to-date and useful up to that period of time. Numerous changes have occurred in the Banks since 1986 but they are not within the scope of this article.
Saran Singh August 2011
This article was originally printed in the Malaysia Numismatic Society Bulletins;
Volume 19 No. 1 Jan/Feb 1987, Volume 19 No. 2 Mar/Apr 1987, and Volume 19 No. 3 Jul/Aug 1987.
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