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Mercantile Bank of India, London and China

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47: 364: 650: 238:. By 1860, its total assets reached the amount of US$ 21.7 million, a medium-sized bank by the standards of that time – a comparison shows that one of the leading Anglo-Indian banks, the Oriental Bank Corporation was about three times larger in terms of total assets. With the opening of the 2637: 2647: 2576: 874: 51:
A banknote issued by Mercantile Bank of India operating in China, the Chinese government allowed for certain foreign banking corporations to become "note issuing authorities", these banknotes were issued to circulate in
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By 1959, through a series of mergers and divisions, its name had been shortened to 'Mercantile Bank, Ltd', and was acquired by HSBC the same year. The bank was an issuer of Hong Kong bank notes until 1974.
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There was a re-consolidation of its operations at the beginning of the 20th century; and in 1912 it again became an issuer of Hong Kong banknotes, a privilege it retained until 1974.
306:, the Mercantile Bank had to close down several offices in the Far East, but it managed to re-open its offices after the war. The Hong Kong office re-opened in February 1946 and the 1469: 830: 1316: 1499: 746: 1339: 869: 534:
255, Chapter | A History of Modern Shanghai Banking. The Rise and Decline of China Finance Capitalism Armonk, New York, London, M. E. Sharpe, 2003, 325 p
915: 788: 2545: 900: 545: 697: 2505: 741: 103: 2785: 2775: 1591: 387: 323: 224: 2760: 1847: 392: 228: 250:, and its extension to China in 1871; most British banks (including Mercantile bank) were well placed to expand and develop its business. 2479: 884: 815: 638: 533: 2720: 2550: 2520: 2272: 1810: 1444: 1419: 910: 905: 616: 2688: 2282: 2113: 1980: 820: 608:"HSBC Holdings PLC - Company Profile, Information, Business Description, History, Background Information on HSBC Holdings PLC" 2458: 30:
This article is about the historic British bank which was acquired by HSBC in 1959. For other banks with similar names, see
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The Mercantile Bank continued to issue Hong Kong banknotes until the early 1970s. The signing of the historic
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The historic bank started life in October 1853 as the Mercantile Bank of Bombay, taking the name of the city,
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in 1984, provided HSBC added impetus to expand overseas and sold the entity - Mercantile Bank, Ltd to
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Citibank completes acquisition of Mercantile Bank Ltd. from Hongkong & Shanghai Banking Corp.
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CEYLON Banknotes, Chartered Mercantile Bank of India, London & China 1867–80
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the same year as part of its consolidation strategy. It was eventually sold to
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office in 1945, but was closed down its Shanghai operations in 1952 due to the
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It competed with the other great British banks of those times, such as the
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Mumbai Inter-Bank Bid Rate - MIBID/Mumbai Inter-Bank Offer Rate - MIBOR
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Its Transformation from Poverty to Prosperity by Niranjan Rajadhyaksha
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rule. In 1952, total assets of the bank totalled US$ 205.5 million.
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Indo-European Telegraph line and impact of rapid industrialization
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Collection of Historical banknotes - Hong Kong, Shanghai, China
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The bank expanded its presence with branches across India, the
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World Paper Money Catalog and History - Hongkong Dollar
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Chartered Mercantile Bank of India, London and China
789:Security Printing and Minting Corporation of India 2742: 571:Flickr -Mercantile Bank of India - Bombay - 1942 484:The foreign banks in China, Part I — (1850–1900) 318:Amalgamation into HSBC and divestment: 1959–1987 2296: 294: 691: 632: 511: 509: 388:The Hongkong and Shanghai Banking Corporation 324:The Hongkong and Shanghai Banking Corporation 2459:Structured Financial Messaging System (SFMS) 1848:Chartered Bank of India, Australia and China 747:Deputy governor of the Reserve Bank of India 497: 495: 416:The Business History Review, Vol. 72, No. 1 393:Chartered Bank of India, Australia and China 229:Chartered Bank of India, Australia and China 76:Mercantile Bank of India, London, and China 2480:Mumbai Interbank Forward Offer Rate - MIFOR 1870:Mercantile Bank of India, London and China 698: 684: 639: 625: 506: 157:Mercantile Bank of India, London and China 45: 705: 492: 487:The Opening of China to the Outside World 191: 2721:Institute of Banking Personnel Selection 1811:Punjab and Maharashtra Co-operative Bank 1445:Punjab and Maharashtra Co-operative Bank 1420:Buldana Urban Cooperative Credit Society 14: 2743: 1981:Madhavpura Mercantile Cooperative Bank 527: 477: 465: 454: 442: 277:for the first time from 1859 to 1892. 2454:National Unified USSD Platform (NUUP) 1629: 742:Governor of the Reserve Bank of India 679: 620: 2786:Indian companies established in 1853 2776:Former banknote issuers of Hong Kong 2761:Defunct banks of the United Kingdom 2449:Indian Financial System Code (IFSC) 2057:Travancore National and Quilon Bank 1966:Exchange Bank of India & Africa 1935:Industrial Investment Bank of India 763:Reserve Bank of India Staff College 472:The Indo-European Telegraph Company 208:, and it established a presence in 24: 2047:The Government Savings Bank (1833) 1888: 1720:State Bank of Bikaner & Jaipur 1551:Andhra Pradesh Grameena Vikas Bank 784:Bharatiya Reserve Bank Note Mudran 343:the Bank of Tokyo-Mitsubishi, Ltd. 204:. In 1857, the bank was granted a 122:the Bank of Tokyo-Mitsubishi, Ltd. 25: 2797: 2444:Bharat Bill Payment System (BBPS) 383:Banknotes of the Hong Kong dollar 322:The bank was acquired in 1959 by 2017:General Bank of Bengal and Bihar 1460:Shamrao Vithal Co-operative Bank 858:All India Financial Institutions 648: 378:Mercantile Bank (disambiguation) 362: 32:Mercantile Bank (disambiguation) 2628:Government Securities Act, 2006 2485:Statutory Liquidity Ratio - SLR 1971:(New) Oriental Bank Corporation 1236:Wound up/closed (or in process) 721:Reserve Bank of India Act, 1934 600: 589: 575: 564: 538: 427:Mercantile Bank of India, 1857– 287:, and was reconstituted as the 1440:Mizoram Co-operative Apex Bank 1345:National Securities Depository 431: 420: 409: 352:which a is Co-operative bank. 335:Sino-British Joint Declaration 168: 82:Mercantile Bank of India, Ltd 13: 1: 2428:List of oldest banks in India 1556:Andhra Pragathi Grameena Bank 1515:Puduvai Bharathiar Grama Bank 1430:Dombivli Nagari Sahakari Bank 1215:Wholly owned subsidiary (WOS) 449:Page 32 | The Rise of India: 403: 2623:Banking Regulation Act, 1949 2052:The Bank of Mirzapore (1835) 289:Mercantile Bank of India Ltd 244:Indo-European telegraph line 7: 2391:De-materialisation (de-mat) 1414:Abhyudaya Co-operative Bank 546:"HSBC - 150 years in India" 355: 295:Transition years: 1900–1959 242:in 1869; and completion of 10: 2802: 2756:Defunct banks of Hong Kong 2032:The Commercial Bank (1819) 1495:Bangiya Gramin Vikash Bank 1470:Thane Janata Sahakari Bank 1151:Bank of Bahrain and Kuwait 273:. It became the issuer of 225:Hongkong and Shanghai Bank 186: 71:Mercantile Bank of Bombay 29: 2771:Banks established in 1853 2713: 2697: 2676: 2615: 2585: 2564: 2538: 2529: 2498: 2467: 2436: 2363: 2241: 2193: 2141: 2104: 2076: 2069: 1989: 1943: 1917: 1820: 1773: 1692: 1674:Oriental Bank of Commerce 1636: 1622: 1590: 1582:South Malabar Gramin Bank 1577:North Malabar Gramin Bank 1564: 1543: 1510:Paschim Banga Gramin Bank 1478: 1402: 1325: 1260: 1235: 1214: 1131:Abu Dhabi Commercial Bank 1123: 1008: 928: 916:Deposit Insurance (DICGC) 893: 839: 803: 776: 755: 734: 726:Monetary Policy Committee 713: 668: 661: 398:Oriental Bank Corporation 330:'s Head Office in India. 221:Oriental Bank Corporation 173:Mercantile Bank of Bombay 131: 98: 90: 67: 57: 44: 2705:Prompt Corrective Action 2490:Cash Reserve Ratio - CRR 2413:Foreign exchange (ForEx) 2037:The Calcutta Bank (1824) 1961:Commercial Bank of India 1843:Centurion Bank of Punjab 1750:State Bank of Travancore 1745:State Bank of Saurashtra 1600:Allahabad UP Gramin Bank 1490:Assam Gramin Vikash Bank 1110:Tamilnad Mercantile Bank 975:Jammu & Kashmir Bank 348:Not to be confused with 2530:Insolvency, bankruptcy 1725:State Bank of Hyderabad 1605:Gramin Bank of Aryavart 1530:Uttarakhand Gramin Bank 1525:Uttar Bihar Gramin Bank 1227:State Bank of Mauritius 2781:British overseas banks 2751:Defunct banks of India 2406:Low denomination coins 1951:Alliance Bank of Simla 1858:National Bank of India 1805:United Industrial Bank 1760:Krishnaram Baldeo Bank 1715:Imperial Bank of India 1369:Surrendered licencees 1141:Bank Maybank Indonesia 980:Punjab & Sind Bank 350:Bombay Mercantile Bank 259:Federated Malay States 192:Early years: 1853–1900 2042:The Union Bank (1828) 2012:General Bank of India 2002:Bank of Bombay (1720) 1755:Bharatiya Mahila Bank 1740:State Bank of Patiala 1535:Vananchal Gramin Bank 1520:Tamil Nadu Grama Bank 1500:Karnataka Gramin Bank 960:Central Bank of India 707:Reserve Bank of India 179:as its headquarters. 2653:Income-tax Act, 1961 1976:Oudh Commercial Bank 1896:Bharat Overseas Bank 1735:State Bank of Mysore 1730:State Bank of Indore 1679:United Bank of India 1610:Sarva UP Gramin Bank 1243:Antwerp Diamond Bank 985:Punjab National Bank 970:Indian Overseas Bank 521:18 June 2013 at the 2663:Insurance Act, 1938 2658:Companies Act, 2013 1838:Bengal Central Bank 1799:United Western Bank 1765:Kashinath Seth Bank 1262:Small finance banks 1090:Kotak Mahindra Bank 1000:Union Bank of India 990:State Bank of India 950:Bank of Maharashtra 768:RBI Monetary Museum 489:by John E. Sandrock 275:Hong Kong banknotes 255:Straits Settlements 233:British possessions 161:Mercantile Bank Ltd 41: 40:Mercantile Bank Ltd 2684:Company Law - NCLT 2532:and reconstruction 2437:Protocol and codes 2078:Interbank networks 2027:Palai Central Bank 1997:Bengal Bank (1784) 1956:Arbuthnot & Co 1787:Lakshmi Vilas Bank 1572:Kerala Gramin Bank 1505:Mizoram Rural Bank 1206:Standard Chartered 865:Exim Bank of India 283:meant it lost its 62:Financial services 39: 2766:HSBC acquisitions 2738: 2737: 2734: 2733: 2689:Appellate - NCLAT 2648:SARFESI Act, 2002 2611: 2610: 2521:Bankruptcy - IBBI 2516:Securities - SEBI 2506:Insurance - IRDAI 2386:Counterfeit money 2359: 2358: 2137: 2136: 2065: 2064: 2007:Bank of Hindostan 1925:Bank of Chettinad 1913: 1912: 1909: 1908: 1875:Lord Krishna Bank 1833:Bank of Rajasthan 1781:Global Trust Bank 1644:New Bank of India 1618: 1617: 1398: 1397: 1256: 1255: 1105:South Indian Bank 924: 923: 797: 796: 474:by Steven Roberts 153: 152: 149: 141: 127: 118: 109: 86: 80: 74: 16:(Redirected from 2793: 2726:Mumbai Consensus 2536: 2535: 2468:Rates and ratios 2434: 2433: 2294: 2293: 2195:Online transfers 2156:Debit Mastercard 2074: 2073: 1886: 1885: 1807:(Allahabad Bank) 1705:Bank of Calcutta 1669:Corporation Bank 1634: 1633: 1627: 1626: 1541: 1540: 1366: 1365: 1212: 1211: 1085:Karur Vysya Bank 840:Speciality banks 700: 693: 686: 677: 676: 666: 665: 655:Banking in India 653: 652: 641: 634: 627: 618: 617: 612: 611: 604: 598: 593: 587: 586: 579: 573: 568: 562: 561: 559: 557: 548:. Archived from 542: 536: 531: 525: 513: 504: 499: 490: 481: 475: 469: 463: 458: 452: 446: 440: 435: 429: 424: 418: 413: 372: 367: 366: 365: 304:Second World War 170: 147: 139: 125: 116: 107: 84: 78: 72: 49: 42: 38: 21: 2801: 2800: 2796: 2795: 2794: 2792: 2791: 2790: 2741: 2740: 2739: 2730: 2709: 2693: 2672: 2607: 2581: 2560: 2531: 2525: 2494: 2463: 2432: 2355: 2331:Oxigen Services 2298:Digital wallets 2292: 2244: 2243:Payment service 2237: 2189: 2133: 2100: 2061: 1985: 1939: 1905: 1884: 1816: 1769: 1688: 1614: 1586: 1560: 1539: 1481: 1480:Regional Rural 1474: 1405: 1394: 1383:Vodafone M-Pesa 1370: 1364: 1321: 1252: 1231: 1210: 1146:Bank of America 1119: 1070:IDFC First Bank 1035:City Union Bank 1011: 1010:Private-sector 1004: 931: 920: 889: 835: 799: 798: 793: 772: 751: 730: 709: 704: 657: 647: 645: 615: 606: 605: 601: 594: 590: 581: 580: 576: 569: 565: 555: 553: 552:on 28 July 2013 544: 543: 539: 532: 528: 523:Wayback Machine 514: 507: 500: 493: 482: 478: 470: 466: 459: 455: 447: 443: 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1926: 1923: 1922: 1920: 1916: 1902: 1899: 1897: 1894: 1893: 1891: 1887: 1881: 1878: 1876: 1873: 1871: 1868: 1866: 1863: 1859: 1856: 1855: 1854: 1851: 1849: 1846: 1844: 1841: 1839: 1836: 1834: 1831: 1829: 1826: 1825: 1823: 1819: 1812: 1809: 1806: 1803: 1800: 1797: 1794: 1791: 1788: 1785: 1782: 1779: 1778: 1776: 1772: 1766: 1763: 1761: 1758: 1756: 1753: 1751: 1748: 1746: 1743: 1741: 1738: 1736: 1733: 1731: 1728: 1726: 1723: 1721: 1718: 1716: 1713: 1711: 1708: 1706: 1703: 1701: 1698: 1697: 1695: 1691: 1685: 1682: 1680: 1677: 1675: 1672: 1670: 1667: 1665: 1662: 1660: 1657: 1655: 1652: 1650: 1647: 1645: 1642: 1641: 1639: 1635: 1632: 1628: 1625: 1623:Defunct banks 1621: 1611: 1608: 1606: 1603: 1601: 1598: 1597: 1595: 1593: 1592:Uttar Pradesh 1589: 1583: 1580: 1578: 1575: 1573: 1570: 1569: 1567: 1563: 1557: 1554: 1552: 1549: 1548: 1546: 1542: 1536: 1533: 1531: 1528: 1526: 1523: 1521: 1518: 1516: 1513: 1511: 1508: 1506: 1503: 1501: 1498: 1496: 1493: 1491: 1488: 1487: 1485: 1483: 1477: 1471: 1468: 1466: 1463: 1461: 1458: 1456: 1455:Saraswat Bank 1453: 1451: 1448: 1446: 1443: 1441: 1438: 1436: 1433: 1431: 1428: 1426: 1423: 1421: 1418: 1415: 1412: 1411: 1409: 1407: 1401: 1391: 1390:Tech Mahindra 1388: 1384: 1381: 1380: 1379: 1376: 1375: 1373: 1367: 1361: 1358: 1356: 1353: 1351: 1348: 1346: 1343: 1341: 1338: 1336: 1333: 1332: 1330: 1328: 1324: 1318: 1315: 1313: 1310: 1308: 1305: 1303: 1300: 1298: 1295: 1293: 1290: 1288: 1285: 1283: 1280: 1276: 1273: 1272: 1271: 1268: 1267: 1265: 1263: 1259: 1249: 1246: 1244: 1241: 1240: 1238: 1234: 1228: 1225: 1223: 1220: 1219: 1217: 1213: 1207: 1204: 1202: 1199: 1197: 1194: 1192: 1189: 1187: 1184: 1182: 1179: 1177: 1176:Deutsche Bank 1174: 1172: 1169: 1167: 1166:Credit Suisse 1164: 1162: 1159: 1157: 1154: 1152: 1149: 1147: 1144: 1142: 1139: 1137: 1134: 1132: 1129: 1128: 1126: 1124:Foreign banks 1122: 1116: 1113: 1111: 1108: 1106: 1103: 1101: 1098: 1096: 1095:Nainital Bank 1093: 1091: 1088: 1086: 1083: 1081: 1078: 1076: 1075:IndusInd Bank 1073: 1071: 1068: 1066: 1063: 1061: 1058: 1056: 1053: 1051: 1048: 1046: 1043: 1041: 1038: 1036: 1033: 1031: 1028: 1026: 1023: 1021: 1018: 1017: 1015: 1013: 1007: 1001: 998: 996: 993: 991: 988: 986: 983: 981: 978: 976: 973: 971: 968: 966: 963: 961: 958: 956: 953: 951: 948: 946: 945:Bank of India 943: 941: 938: 937: 935: 933: 927: 917: 914: 912: 909: 907: 904: 902: 899: 898: 896: 892: 886: 883: 881: 878: 876: 873: 871: 868: 866: 863: 861: 859: 855: 853: 850: 848: 845: 844: 842: 838: 832: 829: 827: 824: 822: 819: 817: 814: 812: 809: 808: 806: 802: 790: 787: 785: 782: 781: 779: 775: 769: 766: 764: 761: 760: 758: 754: 748: 745: 743: 740: 739: 737: 733: 727: 724: 722: 719: 718: 716: 712: 708: 701: 696: 694: 689: 687: 682: 681: 678: 673: 671: 667: 664: 660: 656: 651: 642: 637: 635: 630: 628: 623: 622: 619: 609: 603: 597: 592: 584: 578: 572: 567: 551: 547: 541: 535: 530: 524: 520: 517: 512: 510: 503: 498: 496: 488: 485: 480: 473: 468: 462: 457: 450: 445: 439: 434: 428: 423: 417: 412: 408: 399: 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Retrieved 550:the original 540: 529: 486: 479: 467: 456: 444: 433: 422: 411: 370:Banks portal 347: 332: 321: 301: 298: 288: 279: 252: 236:east of Suez 218: 195: 181: 172: 160: 156: 154: 132:Headquarters 120:Acquired by 111:Acquired by 102:Acquired by 36: 2616:Legislation 2577:SARFESI Act 2565:Legislation 2381:Black money 1813:(Unity SFB) 1664:Andhra Bank 1654:Vijaya Bank 1435:Kerala Bank 1425:Cosmos Bank 1371:or Wound up 965:Indian Bank 955:Canara Bank 804:Think tanks 302:During the 68:Predecessor 27:UK business 2745:Categories 2668:FEMA, 1999 2499:Regulators 2321:Google Pay 2316:Freecharge 2306:Amazon Pay 2288:Zeta India 2178:Visa Debit 2151:Mastercard 1990:Liquidated 1880:Times Bank 1450:Repco Bank 1350:India Post 1302:North East 1201:Scotiabank 1060:ICICI Bank 714:Regulation 662:Institutes 404:References 328:HSBC Group 240:Suez Canal 2677:Tribunals 2633:IBC, 2016 2586:Companies 2245:providers 2022:Nath Bank 1930:Dass Bank 1649:Dena Bank 1465:TNSC Bank 1171:CTBC Bank 1065:IDBI Bank 1055:HDFC Bank 1020:Axis Bank 756:Buildings 556:8 January 345:in 1987. 271:Hong Kong 267:Singapore 216:in 1858. 210:Hong Kong 2698:Measures 2376:Bank run 2346:Payworld 2336:Payoneer 2326:Mobikwik 2311:BharatPe 2268:CCAvenue 2263:BillDesk 2124:CashTree 2070:Networks 1918:Wound up 1821:Acquired 1307:Suryoday 1248:Citibank 1222:DBS Bank 1196:Rabobank 1161:Barclays 1115:Yes Bank 1100:RBL Bank 1040:DCB Bank 1030:CSB Bank 995:UCO Bank 519:Archived 356:See also 339:Citibank 308:Shanghai 248:Calcutta 202:Shanghai 159:, later 113:Citibank 58:Industry 2420:Lists: 2351:PhonePe 2161:Maestro 2119:Cashnet 1774:Rescued 1312:Ujjivan 1292:Equitas 1282:Capital 1275:Fincare 1186:Maybank 860: : 285:charter 187:History 165:Chinese 91:Founded 2556:CERSAI 2539:Boards 2273:Juspay 2086:Cirrus 1944:Failed 1801:(IDBI) 1630:Merged 1565:Kerala 1544:Andhra 1335:Airtel 875:NaBFID 870:NABARD 735:People 263:Penang 214:London 198:Bombay 177:London 167:: 148:(1858) 144:London 140:(1853) 136:Bombay 85:(1893) 79:(1857) 73:(1853) 52:China. 2714:Other 2603:IAMCL 2593:ARCIL 2283:Wibmo 2278:Paytm 2168:RuPay 2143:Cards 2114:BANCS 1795:(PNB) 1789:(DBS) 1783:(OBC) 1482:Banks 1406:banks 1360:Paytm 1317:Unity 1012:banks 932:banks 894:Other 885:SIDBI 831:IDRBT 816:BCSBI 2551:IBBI 2546:BIFR 2401:2016 2341:PayU 2258:BHIM 2253:Atom 2228:RTGS 2223:NEFT 2218:IMPS 2213:BHIM 2208:BBPS 2203:AEPS 2173:Visa 2129:MITR 2096:PLUS 1340:Fino 1297:Jana 1287:ESAF 1191:MUFJ 1181:HSBC 911:IBPS 906:IBBI 901:BIFR 852:IFCI 847:IIBI 821:NPCI 558:2012 269:and 257:and 227:and 169:有利銀行 155:The 126:1987 117:1984 108:1959 104:HSBC 99:Fate 94:1853 2572:IBC 2233:UPI 2091:NFS 1889:PSB 1693:SBI 1637:PSB 1355:Jio 1136:ANZ 880:NHB 826:IBA 811:BBB 2747:: 1270:AU 508:^ 494:^ 291:. 265:, 223:, 1416:. 699:e 692:t 685:v 640:e 633:t 626:v 610:. 585:. 560:. 163:( 34:. 20:)

Index

Chartered Mercantile Bank of India, London and China
Mercantile Bank (disambiguation)

Financial services
HSBC
Citibank
the Bank of Tokyo-Mitsubishi, Ltd.
Bombay
London
Chinese
London
Bombay
Shanghai
royal charter
Hong Kong
London
Oriental Bank Corporation
Hongkong and Shanghai Bank
Chartered Bank of India, Australia and China
British possessions
east of Suez
Suez Canal
Indo-European telegraph line
Calcutta
Straits Settlements
Federated Malay States
Penang
Singapore
Hong Kong
Hong Kong banknotes

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