The Bank of Williams and Rowland was a bank established in the 19th century and operating in Neath, in south Wales.
The Bank was formed as a result of a business association between Rees Williams of Aberpergwm House, Glynneath, and John Rowland, both well respected local businessmen, in around 1821. [1] The Bank lasted for nearly 30 years and weathered the Panic of 1825, which wrecked many other banks. [1] The Bank's notes came to be used locally by ‘Country Gentlemen and Farmers’ more so than the Bank of England’s notes. [1] The Bank merged with the Glamorganshire Banking Company in 1836. [1]
References
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The Bank of Williams and Rowland was a bank established in the 19th century and operating in Neath, in south Wales.
The Bank was formed as a result of a business association between Rees Williams of Aberpergwm House, Glynneath, and John Rowland, both well respected local businessmen, in around 1821. [1] The Bank lasted for nearly 30 years and weathered the Panic of 1825, which wrecked many other banks. [1] The Bank's notes came to be used locally by ‘Country Gentlemen and Farmers’ more so than the Bank of England’s notes. [1] The Bank merged with the Glamorganshire Banking Company in 1836. [1]
References
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| This article about a Welsh company is a stub. You can help Wikipedia by expanding it. |