james madison proposed the first bank of the united states.
who proposed the first bank of the united states?
james madison
his initial success in business and the source of his first fortune was international shipping and merchant activities. he sent his cargo sailing ships, crews and captains around the world, trading goods and amassing a fortune. he deposited his growing wealth in the first bank of the united states, a semi-private/public financial institution, chartered by congress, with deposits and an official relationship with the united states department of the treasury and its domineering first secretary of the treasury, the newly appointed alexander hamilton, under the administration of the first president george washington. the new first bank of the u.s. had been recently established on behalf of private financiers, businessmen and the new central u.s. government in the temporary national capital of philadelphia. when the first bank of the u.s. lost its charter two decades later in 1811, girard bought the bank's landmark greek revival-styled building, left his deposited money and accounts there, and reopened as a new financial institution named the "bank of stephen girard." this made him america's first private banker. he then made his second fortune in banking. stephen girard used his position as banker to raise the $16 million required for the fledgling u.s. government to fight the war of 1812 against the kingdom of great britain, after war was declared by the congress at the request of fourth president james madison in june. by the time of his death, his fortune totaled approximately $7.5 million.
girard college
bullet::::- south sudan - afriland first bank south sudan





























bullet::::- zambia - intermarket bank - 80% shareholding





























bullet::::- guinea - afriland first bank guinea





























section::::representative offices.





























in the following countries, the bank has representative offices only:





























bullet::::- paris, france - afriland first bank paris





























bullet::::- beijing, china, - afriland first bank china





























bullet::::- brazzaville, republic of the congo - afriland first bank congo brazzaville





























section::::branch network.





























, the bank maintains 32 networked branches inside the republic of cameroon.





























section::::see also.





























bullet::::- list of banks in cameroon





























bullet::::- economy of cameroon





























bullet::::- yaoundé





























section::::external links.





























bullet::::- afriland first bank
afriland first bank