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Bank Of Saint Helena
The Bank of St. Helena is a government-owned bank based in the British Overseas Territories, 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 which is operated as a government-owned corporation, parastatal. The governor then appoints the board of directors. The bank holds deposits of around Saint Helena pound, 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. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Limited Company
In a limited company, the Legal liability, 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 com ... [...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. It is named after King George III, who reigned at the time the island was claimed for Britain and garrisoned by the Admiralty in 1815. In addition to the church, there is a pier, an athletics track, a small supermarket, Royal Mail post office (and probably Internet connections), snack bar, hotel, police station, Georgetown Hospital, dental surgery, and a library. There is no school, however, and pupils travel to Two Boats village, 3 miles inland, in the center of the island. Naval history A naval base was established at Georgetown in 1816 due to British concerns t ... [...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, or corporation or an institution ( formal organization), or an association—comprising one or more people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: MLK's organization). What makes an organization recognized by the government is either filling out incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson of a group of people subject to negotiation (e.g.: the Polisario Front being recognized as the sole representative of the Sahrawi people and forming a partially recognized state.) Compare the concept of social groups, which may include non-o ... [...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. As 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 ... [...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 He ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Of Dependent Territories Of The United Kingdom
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. As 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 th ... [...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. The territory maintains its own police service, the Royal Saint Helena Police Service, while defence is the responsibility of the United Kingdom. No British military forces are stationed on Saint Helena, although the Royal Air Force maintains a staging base on constituent Ascension Island. Saint Helena had until 2009 two dependencies: Ascension Island and Tristan da Cunha. These ... [...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 Northwestern Europe, off the coast of European mainland, the continental mainland. It comprises England, Scotland, Wales and Northern Ireland. The UK includes the island of Great Britain, the north-eastern part of the island of Ireland, and most of List of islands of the United Kingdom, the smaller islands within the British Isles, covering . Northern Ireland shares Republic of Ireland–United Kingdom border, a land border with the Republic of Ireland; otherwise, the UK is surrounded by the Atlantic Ocean, the North Sea, the English Channel, the Celtic Sea and the Irish Sea. It maintains sovereignty over the British Overseas Territories, which are located across various oceans and seas globally. The UK had an estimated population of over 68.2 million people in 2023. The capital and largest city of both England and the UK is London. The cities o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Bank
Lloyds Bank plc is a major British retail banking, retail and commercial bank with a significant presence across England and Wales. It has traditionally been regarded one of the "Big Four (banking)#England and Wales, Big Four" clearing house (finance), clearing banks. Established in Birmingham in 1765, Lloyds Bank expanded considerably during the 19th and 20th centuries, acquiring several smaller banks along the way. It merged with the Trustee Savings Bank in 1995 and operated as Lloyds TSB Bank plc from 1999 to 2013. In January 2009, it became a key subsidiary of Lloyds Banking Group following the acquisition of HBOS by Lloyds TSB Group. The bank's operational headquarters are in London, with additional offices in Wales and Scotland, and it also manages office complexes, brand headquarters, and data centres in Birmingham, Yorkshire, Leeds, Sheffield, Halifax, West Yorkshire, Halifax, and Wolverhampton. History Origins The origins of Lloyds Bank date from 1765, when button ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Helena Pound
The Saint Helena 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jamestown, Saint Helena
Jamestown is the capital city of the British Overseas Territories, 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 architecture, 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 History of slavery, slave trade. It had no role during the F ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
