Bank of British Columbia
Company type | Private |
---|---|
Industry | Banking, Financial services |
Founded | 1862 - 1901 (first bank) (merged with Canadian Bank of Commerce); 1966 - 1986 (second bank) (rescued and merged into Hongkong Bank of Canada) |
Headquarters | British Columbia , Canada |
There have been two British Columbian/Canadian banks with the name Bank of British Columbia.
The first bank: 1862–1901
The first was established by
Banknotes
There remains $48,797 in outstanding banknotes from the bank of British Columbia, in $1, $5, $10, $20 and $50 denominations. The bills were issued from 1863 to 1894 and in the 1970s they brought anywhere from $500 to $1,500 per bill on the collector's market.[5]
Architecture
The Bank of British Columbia in
The second bank: 1966–1986
The second bank was chartered in 1966 with headquarters in Vancouver and was the creation of
In 1986, the bank had 1,410 employees, 41 branches in BC and Alberta, and offices in the Cayman Islands, the US, and Hong Kong. Assets in 1986 were CAD$2.7 billion, which put the bank 27th among banks and financial institutions in Canada. Revenue in 1986 was $324 million.
Following financial difficulties arising from the decline of the western oil economy, the collapses of
See also
- List of Canadian banks
- Canada Deposit Insurance Corporation
- Canadian chartered bank notes
Citations
- ^ "Bank of British Columbia". The Canadian Encyclopedia.
- ISBN 978-0-7715-5694-4. p. 174–.
- ^ British Columbia. Department of Agriculture. Province of British Columbia, Canada: Its Climate and Resources; with Information for Emigrants .... R. Wolfenden, Government Printer; 1883. p. 108–109.
- ISBN 978-0-19-820602-6. p. 404–.
- ^ Barlee (1976)
- ^ Bank of British Columbia (Victoria). Canadian Register of Historic Places. Retrieved 12 December 2012.
- ^ Bank of British Columbia (Vancouver). Canadian Register of Historic Places. Retrieved 12 December 2012.
- ^ Patricia Chisholm, End of a dream for Bank of B.C. Financial Times of Canada, December 1, 1986, pp. 8, 59.
References
- [1] 1986 Bank of British Columbia Business Continuation Act. From the Department of Justice
- Barlee, Neville Langrell (1976) Historic Treasures and lost mines of British Columbia. (Canada West Publications).