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File 74/1915 Pt 6 'Mesopotamia: Banking Arrangements - The Eastern Bank's Branches at Mosul (+ Kermanshah). Embargo on Eastern Bank's Drafts at Aleppo' [‎28r] (55/158)

The record is made up of 1 item (79 folios). It was created in 30 Dec 1918-30 Jul 1920. 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 Documents collected in a private capacity. .

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The Eastern Bank, Limited.
4, Crosby Square,
London, E.C.3.
9th January, 1920.
The Under Secretary of State for India
Political Depa,rtcient,
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. , S.W.l.
Sir,
We beg to refer to our letter of the 30th December
1918 in which we informed you of the intention of our
Directors to open a Branch of this Bank at Kermanshah, and
your reply P.1299 of the 15th March 1919, informing us
that His Majesty’s Grovemment would not be disposed to
welcome the appearance of another Bank in Persia owing
to the, at that time, uncertainty of the political and
financial situation of that Country.
Mr. Montagu suggested that in these circumstances
our Directors should postpone the execution of tfreir
project and they were pleased to defer to his wish.
The situation, however, remains as stated in our
letter above mentioned and we still find it impossible
to render any assistance to Trade between Mesopotamia
and Persia. The Directors hope therefore that no
further objection will be raised to their proposal.
I am, etc., etc.,
T
(SD.) N.J. SUTTON,
Manager.

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This part mainly consists of correspondence, and 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. minutes and internal notes, relating to the Eastern Bank, including papers concerning: the desire of the Eastern Bank to open a branch at Kermanshah in Persia [Iran]; the Bank opening a branch at Mosul in Mesopotamia [Iraq]; the prohibition on dealings with the Eastern Bank’s demand drafts; and the Eastern Bank opening a branch at Bahrain (Bahrein).

It includes 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. and the following: the Eastern Bank Limited; the Foreign Office; and the Civil Commissioner, Baghdad.

The file also includes a copy letter from the Consul, Imperial Consulate of Persia, Ordnance Works, Sheffield, to the Foreign Office, and a copy reply from the Foreign Office, July 1920, regarding the proposal of the Persian Consul to establish an Anglo-Persian Commercial and Trading Bank in Persia.

Extent and format
1 item (79 folios)
Written in
English in Latin script
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File 74/1915 Pt 6 'Mesopotamia: Banking Arrangements - The Eastern Bank's Branches at Mosul (+ Kermanshah). Embargo on Eastern Bank's Drafts at Aleppo' [‎28r] (55/158), British Library: India Office Records and Private Papers, IOR/L/PS/10/531/3, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100048952593.0x000043> [accessed 28 March 2024]

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