Reference code(s): GB 0074 CLC/B/207/STF01
Held at: London Metropolitan Archives
Title: STANDARD BANK FINANCE AND DEVELOPMENT CORPORATION LIMITED: CORPORATE
Level of description: sub-fonds
Extent: 1 file
Name of creator(s): 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.
Scope and content/abstract:
Records of Standard Bank Finance and Development Corporation Limited including the founding Memorandum and Articles of Association for the Corporation.
ACCESS AND USE
Language/scripts of material: English
System of arrangement:
These records are arranged as follows:
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.
Please see online catalogues at: http://search.lma.gov.uk/opac_lma/index.htm
Immediate source of acquisition:
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.
Rules or conventions: 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
Date(s) of descriptions: Added January 2014