ABSTRACT
BANKING IN MALAYA THE history of Malaya's banking system forms part of that of British overseas banking as a whole. The chief banks that operated there were branches of institutions with head offices abroad. They adhered to British banking traditions and largely confined themselves to the provision of working capital and the financing of international trade. Investment capital was provided mainly through media other than the banks, and no specialised agricultural banks corresponding to the cultuurbanken of Indonesia appeared. The main interest in this sector of Malaya's economic life, therefore, is to be found in the development of the commercial and exchange banks themselves and in the relations established by them with the local business community.
