Discount bank group
On, the Israeli business was incorporated as Barclays Discount Bank, with Barclays Bank International having.1 controlling interest.
A separate Palestine local board was established in Jerusalem in 1934 but moved to Cyprus from 1948 to 1950, when the Israel local board was re-opened in Jerusalem; in 1963 local head office was moved to Tel Aviv.
Expansion continued and by 1972 there were 48 offices.
Material available at Group Archives: papers regarding local incorporation; pre-1972 material classed as Barclays International, where much material relating to the Bank's operations post-1972 also available.
Nazareth branch was opened in 1921 and Tel Aviv in 1925.Barclays sold this holding on 9 February 1993 to the other partner, Israel Discount Bank.Founding banks and building societies, the Anglo-Egyptian Bank opened a branch in Jerusalem on, closely followed by the opening of branches in Jaffa and Haifa.In 1925 the Anglo-Egyptian became part of Barclays Bank (DCO).
By 1967 there were two local directors controlling 32 offices, including bikini contest pictures the diamond agency in Tel Aviv.
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