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
The BANK of Greenland deposits, and property trading and administration. With 50,000 customers, the Bank of Greenland has branches in major towns in Greenland, while bank operations in small settlements are handled via the integrated Post Greenland offices in the Pilersuisoq all-purpose stores. The Romanian Banca Transilvania offered in begin 2018 DKK 1.14 Billion for the Bank of Greenland. The Bank of Greenland didn't respond to this offer. The BANK of Greenland The BANK of Greenland () is one of two commercial banks in Greenland, listed on the Copenhagen Stock Exchange as GRLA, with 2,700 shareholders in 2017. Headquartered in Nuuk, the bank had