British Trade Bank

Brian O’Sullivan ()
Additional contact information
Brian O’Sullivan: King’s College London

Chapter Chapter 3 in Reflecting Imperial Overstretch and New Realities, 2024, pp 41-65 from Palgrave Macmillan

Abstract: Abstract The Financial Facilities for Trade Committee of 1916, the Faringdon Committee, consisted predominantly of senior bankers from a range of banking institutions. It recommended the creation of a British Trade Bank. There were objections in some quarters about the use of the term “Bank” as the proposed institution would mainly undertake industrial finance, which was a different class of business from banking as generally understood in Britain. It therefore became the British Trade Corporation. It had a mixed reception. Despite some strong criticism in Parliament, it received a Royal Charter of Incorporation on 21 April 1917.

Date: 2024
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psitcp:978-3-031-58303-2_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9783031583032

DOI: 10.1007/978-3-031-58303-2_3

Access Statistics for this chapter

More chapters in Palgrave Studies in the History of Finance from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().