Bastianpillai Paul Nicholas

BP Nicholas

Bastianpillai Paul Nicholas also known as B.P. Nicholas was the founder of the Oriental Bank of Malaya and was the first Asian banker in British colonial history. He was also the only ethnic Ceylon Tamil ever to acquire a banking license in Malaya.

B. P. Nicholas commenced his first monetary business providing financial services with a close friend in Ipoh, Perak between the years 1918 and 1920. He is recognised as one of the first Asian bankers in the history of British Colonial Malaya.

Leader from the Tamil Community

Back then, the Indian community predominantly the Tamil people were involved in various agricultural, constructions and economical activities. Some took turns to evolve into business owners and conglomerates with assistance from family wealth.

References

• The story of the Oriental Bank
• The Nicholas Family
• Varnam News Portal
• The Existence of Oriental Bank of Malaya
• MIDF publishes the history of Malaysian banking (Part of MBSB)
• The Economic History of Malaya