Llanelly Bank was a 19th-century bank based in the Welsh town of Llanelli.
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History
Little is known about the history of Llanelly Bank. However, the House of Lords Sessional Papers, of 1801-1833, record that the bank’s licence was renewed in 1812, and that the licence was granted to Richard Pemberton, the Elder of Barnes, Durham, Ralph Stephen Pemberton of Llanelli, Carmarthenshire, and Richard Pemberton, the Younger of Castle Street, Holborn, London.
By 1822, the bank appeared to be a branch or subsidiary enterprise of ‘Swansea Bank, Glamorganshire’ because, by then, both banks were run by the same partnership, known as ‘Haynes, Day, Haynes and Lawrence’.
The bank appears to have closed by 1830, as no mention is made of it, or any other bank in Llanelli, in Pigot & Co’s ‘Commercial Directory’ for that year.
Other Carmarthenshire banks
Other Carmarthenshire banks include: Carmarthen Furnace Bank, Carmarthen Bank, Llandovery Bank, Marten & Co., David Morris & Sons, and Wilkins & Co.