GB 0074 CLC/B/207/STF01 - STANDARD BANK FINANCE AND DEVELOPMENT CORPORATION LIMITED: CORPORATE

Identity area

Reference code

GB 0074 CLC/B/207/STF01

Title

STANDARD BANK FINANCE AND DEVELOPMENT CORPORATION LIMITED: CORPORATE

Date(s)

  • 1947 (Creation)

Level of description

Extent and medium

1 file

Context area

Name of creator

Biographical history

The business was incorporated on 20 March 1947 with an objective to assist and participate in schemes for the development of natural resources, business, industry, trade and commerce. The initial share capital was £500,000 divided into 100,000 shares of £5 which were wholly owned by the Standard Bank of South Africa Limited. In 1962 when the parent bank hived off the South African operations the Finance and Development Corporation remained in the ownership of the parent body, known as The Standard Bank, which in turn in 1969 merged with Chartered Bank to create the Standard Chartered Banking Group (later Standard Chartered Bank). In 1973 Standard Chartered with Tozer Kemsley and Millboom (holdings) limited jointly created a new merchant Bank styled Tozer Standard and Chartered Limited with a share capital of £3 million 49% of which was held by Standard Chartered and 51% was held by Tozer, Kemsley and Millboom. This new company absorbed the Standard Bank Finance and Development Corporation.

Archival history

GB 0074 CLC/B/207/STF01 1947 sub fonds 1 file Standard Bank Finance and Development Corporation

The business was incorporated on 20 March 1947 with an objective to assist and participate in schemes for the development of natural resources, business, industry, trade and commerce. The initial share capital was £500,000 divided into 100,000 shares of £5 which were wholly owned by the Standard Bank of South Africa Limited. In 1962 when the parent bank hived off the South African operations the Finance and Development Corporation remained in the ownership of the parent body, known as The Standard Bank, which in turn in 1969 merged with Chartered Bank to create the Standard Chartered Banking Group (later Standard Chartered Bank). In 1973 Standard Chartered with Tozer Kemsley and Millboom (holdings) limited jointly created a new merchant Bank styled Tozer Standard and Chartered Limited with a share capital of £3 million 49% of which was held by Standard Chartered and 51% was held by Tozer, Kemsley and Millboom. This new company absorbed the Standard Bank Finance and Development Corporation.

The bank's archives were deposited in the Manuscripts Section of Guildhall Library in 1989 and after. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Records of Standard Bank Finance and Development Corporation Limited including the founding Memorandum and Articles of Association for the Corporation.

These records are arranged as follows:

CLC/B/207/STF01/01 Foundation

These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.

48 hours notice required for access.

PLEASE NOTE: Permission for access to records less than 45 years old should be sought from the depositor.

Copyright is held by the depositor.

English

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997

Added January 2014 Finance Standard Bank Finance and Development Corporation

Immediate source of acquisition or transfer

The bank's archives were deposited in the Manuscripts Section of Guildhall Library in 1989 and after. The Guildhall Library Manuscripts Section merged with the London Metropolitan Archives in 2009.

Content and structure area

Scope and content

Records of Standard Bank Finance and Development Corporation Limited including the founding Memorandum and Articles of Association for the Corporation.

Appraisal, destruction and scheduling

Accruals

System of arrangement

These records are arranged as follows:

CLC/B/207/STF01/01 Foundation

Conditions of access and use area

Conditions governing access

These records are available for public inspection, although records containing personal information are subject to access restrictions under the UK Data Protection Act, 1998.

48 hours notice required for access.

PLEASE NOTE: Permission for access to records less than 45 years old should be sought from the depositor.

Conditions governing reproduction

Copyright is held by the depositor.

Language of material

  • English

Script of material

  • Latin

Language and script notes

English

Physical characteristics and technical requirements

Finding aids

Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm

Allied materials area

Existence and location of originals

Existence and location of copies

Related units of description

Related descriptions

Notes area

Alternative identifier(s)

Access points

Subject access points

Place access points

Name access points

Genre access points

Description control area

Description identifier

Institution identifier

London Metropolitan Archives

Rules and/or conventions used

Compiled in compliance with General International Standard Archival Description, ISAD(G), second edition, 2000; National Council on Archives Rules for the Construction of Personal, Place and Corporate Names, 1997

Status

Level of detail

Dates of creation revision deletion

Language(s)

  • English

Script(s)

    Sources

    Accession area