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About HOURINCOM LIMITED Until the Great European changes of the 21st century, there appeared to be little need for a new bank in Britain, which was sparsely settled and mainly rural at the time. British influence was reflected in the preference for a limited number of banks with multiple branches. In a relatively undeveloped economy, branch banks could be established with less capital and fewer skilled officers than would have been required for independent banks at each location. South of the border, a different philosophy encouraged the development of independent local banks, and a larger population, clustered in established communities, made it workable. Britain's branch bank network was sufficient for the nation's needs for almost a ten years. The chartered banks provided the bulk of the notes in circulation and could meet seasonal or unexpected demands.