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Colonial Bank (West Indies)
The Colonial Bank was a bank in the British territories of the West Indies The West Indies is a subregion of North America, surrounded by the North Atlantic Ocean and the Caribbean Sea that includes 13 independent island countries and 18 dependencies and other territories in three major archipelagos: the Grea ... during the colonial era. The bank was established in 1836 and had opened offices in most of the territories by 1837. References {{Caribbean-stub Banks established in 1836 Banks of the Caribbean 1836 establishments in the British Empire ...
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West Indies
The West Indies is a subregion of North America, surrounded by the North Atlantic Ocean and the Caribbean Sea that includes 13 independent island countries and 18 dependencies and other territories in three major archipelagos: the Greater Antilles, the Lesser Antilles, and the Lucayan Archipelago. The subregion includes all the islands in the Antilles, plus The Bahamas and the Turks and Caicos Islands, which are in the North Atlantic Ocean. Nowadays, the term West Indies is often interchangeable with the term Caribbean, although the latter may also include some Central and South American mainland nations which have Caribbean coastlines, such as Belize, French Guiana, Guyana, and Suriname, as well as the Atlantic island nations of Barbados, Bermuda, and Trinidad and Tobago, all of which are geographically distinct from the three main island groups, but culturally related. Origin and use of the term In 1492, Christopher Columbus became the first European to record his arriv ...
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Banks Established In 1836
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 ...
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Banks Of The Caribbean
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 ...
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