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'11/8 OPENING A BANK AT AL KHOBAR' [‎28r] (55/152)

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The record is made up of 1 file (74 folios). It was created in 29 Jul 1944-28 Dec 1949. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers.

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60/20
From
To
Repeated
Telegram
S(A)
H.M.Minister, Jedda.
Foreign Office, London.
Minister Resident, Cairo
Government of India, New Delhi.
Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. , Persian Gulf Historically used by the British to refer to the sea area between the Arabian Peninsula and Iran. Often referred to as The Gulf or the Arabian Gulf. , Camp Shiraz.
No. 326
Dated 28th received 29th August,1944
received 29th August,1944. * ^
y CcnMeatial.
/ BA.HR AT'T RECEIPT.
Your telegraua No. 166. -o te.. 4: -..^ ^4
I see no objection to establishment of a branch
of the Eastern Bank at A1 Khobar. I do not consider
Americans can take this amiss since establishment of a
branch of the National City Bank of New York at Dhahran
is primarily intended to handle American business
employees of Oil Company.
2. Al Khobar is no doubt destined with increase
of Oil Company 1 s activities to become principal port
on East Coast of Saudi Arabia and as most of its
developments will be conducted with India, Iraq, Iran and
Trucial Sheikhdoms a branch of the Eastern Bank should
fill a need which will grow as time goes on. If and
when communications are ?made in Saudi Arabia they
will undoubtedly touch coast at this point on account
of market offering grounds for imports and internal
produce.
JORDAN
Office of the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. ,
Persian Gulf Historically used by the British to refer to the sea area between the Arabian Peninsula and Iran. Often referred to as The Gulf or the Arabian Gulf. ,
Camp, Shiraz,
the 30th August, 1944.
Copy forwarded with compliments to:-
The Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. ,
BAHBAia*
with reference to Shiraz endorsement No. C/207
dated 29th August,1944.

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Content

This file concerns plans in 1944-45 and 1949 to open bank branches on the mainland of Saudi Arabia. The file contains correspondence between the Political Agent A mid-ranking political representative (equivalent to a Consul) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Agency. at Bahrain; the Political Resident A senior ranking political representative (equivalent to a Consul General) from the diplomatic corps of the Government of India or one of its subordinate provincial governments, in charge of a Political Residency. in the Persian Gulf Historically used by the British to refer to the sea area between the Arabian Peninsula and Iran. Often referred to as The Gulf or the Arabian Gulf. at Bushire; Ernest Vincent Packer, Petroleum Concessions Limited, Bahrain; the Assistant Secretary to the Government of India; D Ham, Manager of the Eastern Bank Limited, Bahrain; and the Chancery, British Embassy, Jedda. There are also copies of correspondence between the India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. , the Government of India and the Political Residency A diplomatic office of the British Government established in the provinces and regions considered part of, or under the influence of, British India. at Bushire, as well as between the Foreign Office and His Majesty's Government at Jedda. In addition, there is correspondence between Ham and N S Golder, General Manager of the Eastern Bank Limited, London, gathered through interception.

The correspondence from 1944-45 concerns the possibility of opening a branch of the Eastern Bank Limited on the mainland of Saudi Arabia at Dhahran [al-Ẓahrān] or Al Khobar [al-Khubar], and possibly at Ras Tanura [Ra’s Tanūrah]. Folios 31-37 include a letter and diary with details of Ham's trip to the mainland of Saudi Arabia in July 1944, his meetings with officials from the California-Arabian Standard Oil Company (later Aramco) and Saudi officials, as well as a dispute regarding his Jewish Head Clerk. In addition, the correspondence includes details of other banks making attempts to open branches on the mainland, including the Chase National Bank, the Imperial Bank of Iran, and the National City Bank of New York. There are details of conditions imposed on the National City Bank of New York for opening in Saudi Arabia (f 48) and of a visit by their representative, G Martel Hall (ff 57, 60, 65 and 67).

The correspondence from 1945 (ff 71-72) concerns the possibility of the British Bank of Iran and the Middle East opening a branch at al-Khubar.

Extent and format
1 file (74 folios)
Arrangement

The papers are arranged in chronological order from the front to the rear of the file. File notes appear at the rear of the file.

Physical characteristics

Foliation: the main foliation sequence (used for referencing) commences at the front cover, and terminates at the inside back cover; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. An additional foliation sequence is present between ff 3-72; these numbers are also written in pencil, and can be found in the same position as the main sequence, but they are not circled. The volume also contains a pagination sequence between ff 73-75.

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English in Latin script
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'11/8 OPENING A BANK AT AL KHOBAR' [‎28r] (55/152), British Library: India Office Records and Private Papers, IOR/R/15/2/470, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100024951705.0x000038> [accessed 21 October 2019]

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