Bank of the People Montreal in 1840. Until 1835, every bank in Upper Canada required a legislated charter which established it as a legal person able to sue, and be sued at law. Only two Banks had been chartered: the Bank of Upper Canada and the Commercial Bank of the Midland District. Both banks were controlled by the "Family Compact" who used their control of the currency supply and credit to control trade and ultimately, the farmers. They had a "licensed monopoly" to print paper money, which reduced competition. In 1835, Dr Charles Duncombe, a Reform politician in the Legislative Assembly, was part of
Vietnam and the World Bank Vietnam and the World Bank Since 1993, the World Bank Group (WBG) has established a partnership with the Southeast Asian country of Vietnam, which was once one of the least developed countries in the world. Playing a role in facilitating the economic and political reform of Doi Moi that started in 1986 throughout Vietnam, the World Bank (WB) has cooperated with Vietnam's Government and committed a total of US$24 billion of loans, credits and grants to Vietnam as of August 2018, as a way to help Vietnam change the situation of poverty and make progress towards prosperity. The country stepped