# Perth Savings Bank > bank established in Perth, Scotland, UK in 1815 **Wikidata**: [Q108802881](https://www.wikidata.org/wiki/Q108802881) **Wikipedia**: [English](https://en.wikipedia.org/wiki/Perth_Savings_Bank) **Source**: https://4ort.xyz/entity/perth-savings-bank ## Summary Perth Savings Bank was a financial institution established in 1815 in Perth, Scotland, UK. It operated as a depository institution, accepting deposits and providing banking services as part of the broader financial ecosystem of the United Kingdom during the 19th century. ## Key Facts - **Founded**: 1815 in Perth, Scotland, UK. - **Type**: Bank (financial institution that accepts deposits). - **Country**: United Kingdom of Great Britain and Ireland. - **Industry**: Bank operations. - **Wikipedia Presence**: One language edition (English) with the title "Perth Savings Bank." - **Wikidata Description**: "bank established in Perth, Scotland, UK in 1815." - **Instance Of**: Bank (subclass of financial intermediary, credit institution, enterprise, and depository institution). - **Sitelink Count**: 1 (English Wikipedia). ## FAQs **When was Perth Savings Bank established?** Perth Savings Bank was founded in 1815 in Perth, Scotland, UK, during a period of expanding financial institutions in the British Isles. **What type of financial institution was Perth Savings Bank?** It was a bank, specifically a depository institution that accepted deposits from the public and provided banking services, functioning as a financial intermediary. **Where was Perth Savings Bank located?** The bank was located in Perth, a city in Scotland, UK, which was part of the United Kingdom of Great Britain and Ireland at the time of its establishment. **How is Perth Savings Bank documented online?** It has a single Wikipedia article in English titled "Perth Savings Bank" and is recorded in Wikidata with the description "bank established in Perth, Scotland, UK in 1815." ## Why It Matters Perth Savings Bank represents an early example of regional banking institutions in 19th-century Scotland, contributing to the local economy by providing financial services such as deposit-taking. As part of the broader banking sector during the Industrial Revolution, it played a role in facilitating economic transactions and savings for individuals and businesses in Perth. Its establishment reflects the growth of financial infrastructure outside major urban centers, supporting regional development. ## Notable For - **Early Regional Banking**: One of the financial institutions established in Scotland during the early 19th century, contributing to the decentralization of banking services. - **Historical Context**: Founded during a period of significant economic and industrial change in the UK, aligning with the expansion of banking networks. - **Single Wikipedia Presence**: Documented in only one language edition of Wikipedia (English), indicating its localized historical significance. ## Body ### History and Establishment Perth Savings Bank was founded in **1815** in **Perth, Scotland, UK**, during a time when banking institutions were expanding beyond major financial hubs. The bank operated as a **depository institution**, accepting deposits from the public and providing basic banking services. Its establishment coincided with the broader growth of savings banks in the UK, which aimed to encourage thrift among the working and middle classes. ### Classification and Industry As a **bank**, Perth Savings Bank was classified under the following frameworks: - **Instance Of**: Bank (Q48479 on Wikidata). - **Subclass Of**: Financial intermediary, credit institution, enterprise, and depository institution. - **Industry**: Bank operations. - **Country**: United Kingdom of Great Britain and Ireland (the political entity at the time of its founding). ### Digital and Reference Presence Perth Savings Bank is documented in the following digital and reference systems: - **Wikipedia**: One language edition (English) with the title **"Perth Savings Bank."** - **Wikidata**: Described as **"bank established in Perth, Scotland, UK in 1815"** with a single sitelink (English Wikipedia). - **Sitelink Count**: 1 (indicating limited multilingual documentation compared to larger or more globally recognized banks). ### Relationships and Ecosystem - **Location**: Perth, Scotland, UK. - **Type of Entity**: Bank (distinct from a "bank building," which refers to the physical structure). - **Associated Industry**: Bank operations, part of the broader financial services sector in 19th-century Britain. ### Cultural and Historical Context The establishment of Perth Savings Bank reflects the broader trend of **savings banks** emerging in the early 19th century, which were often founded to promote financial inclusion and savings habits among local populations. These institutions played a crucial role in regional economic development by providing secure deposit facilities and, in some cases, lending services. ### Comparison with Other Banks Unlike larger or more globally recognized banks (e.g., the Bank of England), Perth Savings Bank was a **regional institution** with a localized focus. Its documentation is limited to a single Wikipedia entry, highlighting its niche historical significance rather than widespread modern recognition. ### Legacy and Documentation While Perth Savings Bank may not have the extensive digital footprint of major financial institutions, its existence is recorded in **Wikidata** and **English Wikipedia**, serving as a reference point for the history of regional banking in Scotland. The bank’s founding year (**1815**) places it within the early wave of savings banks that contributed to the financial infrastructure of the UK during the Industrial Revolution.