Weekly Chronicle in London, Middlesex

Provincial Banking Corporation reports strong early performance

At an extraordinary meeting held November 14 1864 at the London Tavern the Provincial Banking Corporation outlines branch expansions across Norwich Bungay East Dereham Fakenham Great Yarmouth Halesworth Harleston King s Lynn North Walsham Wells Rochester Chatham Abingdon and notes two latter branches bought from Day Nicholson and Stone and the East of England Bank. The report highlights deposits and current accounts totaling 475 286 8s 11d and cash deposited 217 623 18s 1d as signs of prudent resource management amid late money market stress. The directors foresee encouraging profit and discuss potential calls timing and future prospects with a cautious but optimistic outlook.