Branches and agencies have been established at Amoy, Bangkok, Batavia, Bombay, Calcutta, Colombo, Foochow, Hamburg, Hankow, Kobe, London, Lyons, Manila, Nagasaki, New York, Peking, Penang, Saigon, San Francisco, Shanghai, Singapore, Sourabaya, Tientsin, Iloilo, and Yokohama.
MR. W. REID, the manager of the Rangoon branch of the Hongkong and Shanghai Banking Corporation, joined the bank nearly a quarter of a century ago. He has served in many of its branches in China, and before coming to Rangoon to assume his present
ten years ago, at about the same time as Mr. Wilson was appointed manager.
The company (incorporated by Royal Charter) has a paid-up capital of A1,200,000, and a reserve fund of A1,575,000. The balance sheet for 1908 showed a net profit, after providing for bad and doubtful debts, of A395,178 os. nd. inclusive of A129,483 10s. 2d. brought forward from the previous year. From this a dividend of 14 per cent, was paid for the year ; A50,000 was added to the reserve fund, bringing it up to A1,575,ooo ; A25,000 was written off the
Limited, and the National Bank of Scotland, Limited.
MR. JOHN WILSON, has been the local manager of the Chartered Bank of India, Australia, and China since 1899. Born and educated in London, he entered Martinas Bank for three years. In 1879 he joined the Chartered Bank, and, after serving a term in the head office, was sent first to India and then to Japan. He was agent-in-charge at Colombo and Bombay before receiving his present appointment. He is a member of several of the local clubs, and is a good all-round sports-
CHARTERED BANK OF INDIA, AUSTRALIA, AND CHINA, LIMITED.
Premises in Rangoon.
responsibilities was in charge of the companyas interests in Ceylon. He is forty-two years of age, and was born and educated in Ireland.
CHARTERED BANK OF INDIA, AUSTRALIA, AND CHINA.
A branch of this important Eastern Banking Company was established in Rangoon in 1858 by Mr. Alexander Watson, who was previously agent for the Bank of Bengal. There is a sub-agency in Akyab. The Rangoon office in Phayre Street was erected
premises account; and the balance of A134,178 os. 1 id. was carried forward.
The London office is at 32, Bishopsgate Street Within, E.C., and there are agencies and branches at Bangkok, Batavia, Bombay, Calcutta, Cebu, Colombo, Foochow, Hamburg, Hankow, Hongkong, Ipoh, Karachi, Kobe, Kwala, Lumpur, Madras, Manila, Medan, New York, Penang, Rangoon, Saigon, Shanghai, Singapore, Sourabaya, Taiping, Tientsin, and Yokohama.
The companyas bankers are the Bank of England, the London City and Midland Bank,
man, rackets, rowing, and swimming being among his favourite recreations.
BANK OF BENGAL.
The Bank of Bengal, which for some years past has had a branch in Rangoon, where Mr. C. H. O. Maberly, is now in charge, has a paid up capital of Rs. 2,00,00,000 and a reserve fund of Rs. 1,68,00,000. It carries on all the usual banking business, and takes an important part in financing the great rice trade which centres in Rangoon. Other branches of the bank in Burma are located in Moulmein and Akyab.The Bank of Bengal, which for some years past has had a branch in Rangoon, where Mr. C. H. O. Maberly, is now in charge, has a paid up capital of Rs. 2,00,00,000 and a reserve fund of Rs. 1,68,00,000. It carries on all the usual banking business, and takes an important part in financing the great rice trade which centres in Rangoon. Other branches of the bank in Burma are located in Moulmein and Akyab.