Annual report on Brunei / Colonial Office.

  • Great Britain. Colonial Office.
Date:
[1952]
Catalogue details

Licence: Public Domain Mark

Credit: Annual report on Brunei / Colonial Office. Source: Wellcome Collection.

    19/140 (page 13)
    CURRENCY AND BANKING. The State is a party to the Malayan Currency Agreement and Malayan currency is the only legal tender. The standard coin is the Malayan silver dollar with a par of two shillings and fourpence, at which it is linked to sterling. Subsidiary nickel coins are those of value of 20 cents, 10 cents and 5 cents. There is also a copper coin of 1 cent. Currency notes are issued in different denominations from 50 cents upwards. Banks operating in Brunei State are as follows: — (a) Hongkong and Shanghai Banking Corporation with branches at Brunei Town and Kuala Belait. (b) Post Office Savings Bank with branches at Brunei Town and Kuala Belait. The total number of depositors and the amount standing to their credit with the Post Office Savings Bank at the close of the years 1950, 1951 and 1952 were as follows: — Year Number of Depositors Amount $ 1950 . 759 195,455 1951 . 928 265,605 1952 . 1,162 374,122