| Code | NA11 |
| Corporate Name | Anglo-International Bank |
| Dates | 1926 - 1962 |
| Activity | The Anglo-International Bank was established in 1926 through the amalgamation of the Anglo-Austrian Bank and the British Trade Corporation. The Bank of England held some 60% of the shares and the Securities Trust Ltd about 5%. With a considerable proportion of its assets frozen the business never flourished and in 1932, at the Bank's instigation it started a process of running down its affairs. In 1940, management of the Anglo-International Bank was taken over by the British Overseas Bank Ltd. What remained of the banking business was transferred to Glyn Mills in 1944 and following the transfer of its remaining assets (which were all frozen) to the Continental Assets Realisation Trust (CART) in 1951, the Anglo-International Bank was placed into voluntary liquidation, which was completed in 1962. In view of its long-standing connection with the Bank and in order to prevent the name falling into other hands, the Bank registered a new company in the old name, with £100 capital, £2 paid. It is this shell company, which was itself liquidated in 1975 when its active association with the Bank was sufficiently remote. |
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