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Statements

Subject Item
dbr:Ballarat_Banking_Company
rdfs:label
Ballarat Banking Company
rdfs:comment
The Ballarat Banking Company was a long-lasting regional bank based in the city of Ballarat, Victoria, Australia, operating from 1865 to 1955. It commenced operation in June 1865, having occupied the former Ballarat premises of the Oriental Bank Corporation. It was one of the banks to suspend payments in the 1892-93 banking crisis, closing in March 1892 but reopening in June 1892 after negotiations with creditors. Hugh Dean Thomas Williamson gained his first banking job with the bank c. 1917.
dcterms:subject
dbc:Banks_disestablished_in_1955 dbc:Banks_established_in_1865 dbc:Defunct_banks_of_Australia dbc:1895_disestablishments_in_Australia dbc:1865_establishments_in_Australia dbc:Companies_based_in_Victoria_(Australia)
dbo:wikiPageID
68457575
dbo:wikiPageRevisionID
1061634093
dbo:wikiPageWikiLink
dbr:National_Bank_of_Australasia dbr:Victoria_(Australia) dbc:Companies_based_in_Victoria_(Australia) dbc:1895_disestablishments_in_Australia dbr:Oriental_Bank_Corporation dbr:Australia dbc:Banks_disestablished_in_1955 dbc:Banks_established_in_1865 dbc:1865_establishments_in_Australia dbc:Defunct_banks_of_Australia dbr:Ballarat,_Victoria dbr:Hugh_Dean_Thomas_Williamson
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dbo:abstract
The Ballarat Banking Company was a long-lasting regional bank based in the city of Ballarat, Victoria, Australia, operating from 1865 to 1955. It commenced operation in June 1865, having occupied the former Ballarat premises of the Oriental Bank Corporation. It was one of the banks to suspend payments in the 1892-93 banking crisis, closing in March 1892 but reopening in June 1892 after negotiations with creditors. Hugh Dean Thomas Williamson gained his first banking job with the bank c. 1917. It "confined its activities to the Ballarat district", but "[flourished] in its original form" for nearly a century. In 1934, it had branches in Ballarat and three adjoining towns. It was acquired by the National Bank of Australasia in 1955 for £375,000. It held deposits of £712,000 and advances of £439,000 at the time. At its closure it was the last remaining unit bank and provincial bank in Australia. Its closure reduced the amount of independent private trading banks in Australia to six.
prov:wasDerivedFrom
wikipedia-en:Ballarat_Banking_Company?oldid=1061634093&ns=0
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5142
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wikipedia-en:Ballarat_Banking_Company