The Anglo-Egyptian Bank was a British overseas bank established in 1864.

History

The founding banks were

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, La Compagnie Financière Maurice de Cattauï and the General Credit and Finance Co., and the bank incorporated Pastré Frères et Compagnie (est. 1821; reorganized 1827 by Eugène Pastré) and Giovanni Sinadino and Co., which was the only one of the four to have its seat in Egypt, in

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. The senior officials of all four firms sat on the first board of directors. In addition to its activities in Egypt, the Anglo-Egyptian opened branches in the British Mediterranean, where it frequently acted as banker to the British authorities. The Anglo-Egyptian Bank issued

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for Malta in 1886. 1895, a notice signed by the secretary of the bank, William Hart, states the head office is located on

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, with branches in

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, and Rue Lafayette of ParisWilliam Hart (1895) �
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published by Anglo-Egyptian Ban
1895
republished by Grace's Guide 23 December 2010 (hyperlink is a

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) - accessed 2020-02-14 Barclay's Bank, Jerusalem

Until 1920 the Cattauï Family had a controlling interest in Anglo-Egyptian. Then in 1921

Barclays Bank Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

initially acquired 15% of the bank before acquiring the Cattauï family's interest in 1924, which made Barclay's the majority stakeholder in Anglo-Egyptian. In 1925, Barclays Bank merged Anglo-Egyptian with Colonial Bank and National Bank of South Africa to form Barclays (Dominion, Colonial & Overseas). In 1956, following the Anglo-French attack on Port Said, the Egyptian government sequestrated the 19 branches, one sub-branch, and 26 agencies in Egypt, using them to found Bank of Alexandria.

Timeline

Acquisition

* 1884 Anglo-Egyptian purchased the accounts of the liquidated Commercial Bank of Alexandria, which had been established in 1868.

Branch openings and closings

* 1864

* 1878

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and Nicosia * 1881

* 1888

* 1890 The bank closed the branches in

Cyprus Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is ge ...

and Port Saïd. * 1913

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. After nationalization in 1970, the operations in Sudan became part of Bank of Khartoum. * 1918

Jerusalem Jerusalem (; he, יְרוּשָׁלַיִם ; ar, القُدس ) (combining the Biblical and common usage Arabic names); grc, Ἱερουσαλήμ/Ἰεροσόλυμα, Hierousalḗm/Hierosóluma; hy, Երուսաղեմ, Erusałēm. i ...

and Jaffa * 1921 The Musky, a commercial district in

. * 1925 Anglo-Egyptian had 16 branches in all.

Citations & references

Citations {{Reflist, 30em References Samir Saul (1994) From the Anglo-Egyptian Bank to Barclays (DCO): A Century of Overseas Banking. In M. Davids, F. Proceedings of the Conference on Business History, Rotterdam, The Netherlands. de Goey, D. De Wit (eds.),

Bibliography

Egypt sets new targets for banking sector after moving to free-floating currency
published by

Oxford Business Group Oxford () is a city in England. It is the county town and only city of Oxfordshire. In 2020, its population was estimated at 151,584. It is north-west of London, south-east of Birmingham and north-east of Bristol. The city is home to the ...

- accessed 2020-02-14
Anglo Egyptian Bank
published by

Barclays PLC Barclays () is a British multinational universal bank, headquartered in London, England. Barclays operates as two divisions, Barclays UK and Barclays International, supported by a service company, Barclays Execution Services. Barclays traces ...

- accessed 2020-02-14
Barclays Bank International, formerly Barclays Bank (Dominion, Colonial & Overseas) and Barclays Bank D.C.O.
published by Barclays Group Archives (BGA) - accessed 2020-02-14 *(shows

errata An erratum or corrigendum (plurals: errata, corrigenda) (comes from la, errata corrige) is a correction of a published text. As a general rule, publishers issue an erratum for a production error (i.e., an error introduced during the publishing pro ...

"1827"
Lot: 79
published by

Spink & Son Spink & Son (established 1666) are an auction and collectibles company known principally for their sales of coins, banknotes, stock and bond certificates and medals. They also deal in philatelic items, wine and spirits, and other collectible ...