st. helena ltd type limited company industry financial services founded 1 april 2004 headquarters market street jamestown saint helena area served saint helena ascension island key people carolyn thomas chairman rosemary bargo managing director products banking owner government of saint helena number of employees 30 website www.sainthelenabank.com the bank of st helena is a government owned bank based on the british overseas territory of saint helena also operating in the dependent territory of ascension island . the government of st. helena owns 100 % of the bank and operates it as a parastatal . the governor appoints the board of directors . the bank has a balance sheet of around shp 33 million . lending accounts for shp 5.4 million and shp 24.5 million is invested in uk gilts . 2006 2007 figures contents 1 services 2 money and banking on saint helena 3 history 4 references 5 external links services edit the bank offers both current and savings accounts to personal customers as well as business banking from two offices in jamestown saint helena and georgetown ascension island . the bank also offers services to tourists and others visiting saint helena and ascension island . these include currency exchange encashment of traveller s cheques and providing cash advances on selected credit debit cards . the bank maintains a relationship with lloyds bank allowing its customers to use their banking network for united kingdom and international money transmission . current details of the bank s services are available on its website . money and banking on saint helena edit the currency commissioners part of the government of saint helena issue the island s banknotes and coins . bank of st helena is the island s only bank and the island does not have a central bank . the bank sets its own deposit and lending rates . as at may 2011 the ordinary savings rate is 2 % and the normal personal lending rate is 7 % . history edit the bank was formed on 1 april 2004 by the banking ordinance 2003 and the bank of st helena ordinance 2003 . the bank inherited the assets and liabilities of the government savings bank in saint helena and the ascension island savings bank . the government savings bank in st helena had been established in 1865 . 1 the bank s first manager was richard winch . the full list of managers is as follows richard winch 1 april 2004 to 31 march 2005 john turner 1 april 2005 to 31 march 2008 rosemary bargo 1 april 2008 to date references edit trendell arthur james richens 1890 92 the colonial year book 1890 92 . london s. low marston searle & rivington etc. . external links edit official website government of st. helena retrieved from https en.wikipedia.org w index.php title bank of st. helena & oldid 741931623 categories banks of the united kingdomeconomy of saint helenabanks established in 2004organisations based in saint helena2004 establishments in saint helena and dependenciesjamestown saint helenahidden categories pages using infobox company with unsupported parametersofficial website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschnorsk bokm l edit links this page was last modified on 30 september 2016 at 15 47 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view