Die geskiedenis van die trustmaatskappye en eksekuteurskamers van Boland Bank Beperk tot 1971

[摘要] ENGLISH ABSTRACT:The history of the trust companies and boards of executors of Boland Bank Limitedrepresents a case study of the process through which these rural institutions, as part ofthe broader trust movement in South Africa, established themselves as an integral andrespected part of the local financial and social structure of the communities in whichthey operated. It also represents a case study of the pressures to which these localrural trust companies were subjected by the changing South African financialenvironment of the 20th century and of the way they reacted to absorb and counterthese pressures. Their reactions and counter-measures were attempts, on the one hand,to hold on to and promote, and on the other hand, to get rid of and discard their pasts.The history of Boland Bank Limited to 1971 represents a case study of the trials andtnbulations; the successes and failures of this process.Paarl African Trust Company Limited (PAT) and African Mutual Trust andAssurance Company Limited (AMT), the two leading role players in theestablishment of Boland Bank Limited, was founded in 1900 as a result of the anti-British feelings generated among a section of the Afrikaners in the Cape Colonyduring the Anglo Boer War. These feelings of nationalism manifested in theAfrikaners' aspiration towards greater economic self-reliance which in the case ofPAT and AMT led to the establishment of two Afrikaner-controlled local rural trustcompanies. These two institutions laid the foundation of a mainly Cape basedtradition oflocal rural trust companies with a predominantly Afrikaans character.In the first half of the 20th century these institutions established themselves asdynamic local rural financial institutions serving the financial needs of thepredominantly agricultural economies in which they functioned. As an integral partof their local communities, they were respected as stabilizing economic and socialagents, -a respect demonstrated by the local inhabitants refering to these institutionsas my Kamer (my Board).The changed nature of the economic system and climate of the post war (SecondWorld War) period in tandem with the tendency towards stricter state control over themonetary and financial system and institutions, pressurized small local :financialinstitutions like trust companies and boards of executors to show a profit. In thisregard PAT and AMT were no exception and together with other similar trustcompanies were in danger of becoming outdated financialnational monuments.Against this background PAT and AMT took the lead in the early sixties in asuccessful amalgamation initiative which eventually culminated in the formation ofBoland Bank Limited. This process included 17 institutions of which 16 were localrural trust companies and boards of executors and created the potential for regainingtheir lost dynamic nature. These dynamics would eventually carry them into the 21stcentury.

[发布机构] Stellenbosch University