Hambros Bank

a private British bank formed in 1920 when the banking house of C. J. Hambro and Sons amalgamated the British Bank of Foreign Commerce (founded 1912). The bank’s headquarters are in London. Hambros Bank carries out banking transactions of all types but specializes in the financing of foreign trade, in currency transactions, and in the management of domestic and foreign loans. The bank has 22 branches in Great Britain and maintains agencies abroad. Hambros Bank is a partner in several British financial concerns and operates closely with multinational banks. As of March 1978 the group had a total balance of £1,118 million, capital and reserves of £64.4 million, deposits and current accounts of £855 million, and outstanding loans of £581 million.