Identity area
Type of entity
Authorized form of name
Parallel form(s) of name
Standardized form(s) of name according to other rules
Other form(s) of name
Identifiers for corporate bodies
Description area
Dates of existence
History
Standard Chartered Bank was formed in 1969 when the Standard Bank Limited merged with the Chartered Bank. This merger created the Standard Chartered Banking Group Limited; the group consisted of the Standard Bank and the Chartered Bank along with their principal subsidiaries and associated companies.
Immediately following the merger both banks continued to operate separately with each maintaining their own board of directors and a third board being created for the Standard Chartered Banking Group Limited. It was not until 1973 that the General Management of both banks were amalgamated and 1974 when the three boards of directors were all run by the same people. On 1 October 1975 the name of the company was changed to Standard Chartered Bank Limited. In 1983 all banking operations of both Standard Bank and Chartered Bank were brought together into one company, titled, Standard Chartered Bank. In 1985 the parent company was again renamed to Standard Chartered PLC.
Following the 1969 merger the bank retained City of London headquarter premises at 10 Clements Lane (former headquarters of Standard Bank Limited) and at 38 Bishopsgate (former headquarters of Chartered Bank). In 1990 new premises were opened in Aldermanbury Square for all London staff and in 20--, the headquarters were moved to 1 Basinghall Avenue, where the bank remains situated (as at 2014)
CHARTERED BANK OF INDIA AUSTRALIA AND CHINA
The Chartered Bank of India, Australia and China, known from 1956 as The Chartered Bank, was established by Royal Charter in 1853. It was an overseas exchange bank, based in and controlled from the City of London. It was established to take advantage of the end of the East India Company's monopoly in 1853.
STANDARD BANK OF SOUTH AFRICA
The Standard Bank of British South Africa Limited, known as the Standard Bank of South Africa Limted from 1881, was incorporated on the 18 October 1862 in Port Elizabeth, South Africa. Initially operating within British controlled areas, the bank gradually expanded its network to include branches across South, East and Central Africa responding to the economic development and growth of the regions.
Both the Chartered and the Standard Banks acquired shares in and merged with many other banks.
Geographical ranges these covered are as follows:
African Banking Corporation: British South Africa, Nigeria and New York
Bank of British West Africa: Nigeria, Ghana, Sierra Leone, Gambia, Cameroon and Canary Islands
Bank of Nigeria: Nigeria and Ivory Coast
Chartered Bank of India, Australia and China: India, China, Hong Kong, Vietnam, Cambodia, Siam [Thailand], Burma [Myanmar], Singapore, Malacca, Penang and the Malay States, the Philippines, Japan, Java, Sumatra, Ceylon [Sri Lanka], North Borneo, Brunei, Sarawak, Pakistan and East Pakistan. There were also branches in New York (United States of America) and Hamburg (Germany). Despite its name, the bank never operated in Australia
Eastern Bank Limited: India, Pakistan and Bangladesh, Singapore, Malaysia, Yemen, Qatar, Iraq, Bahrain, Lebanon, Sharjah, Abu Dhabi, Dubai and Oman
P & O Banking Corporation Limited: India, Sri Lanka, China and Singapore
E D Sassoon Banking Company Limited: London, India and China, Gulf ports, Iraq and Japan
Standard Bank of South Africa: Cape Province, Natal, Orange Free State, Transvaal [South Africa]. After amalgamations; Nigeria, Ghana, Sierra Leone, Gambia, Cameroon, Canary Islands and Ivory Coast
Wallace Brothers and Company (Holdings) Limited: India, Burmah [Myanmar], Thailand, Java [Indonesia], Malaysia and East Africa