Banking enterprise
Barclays Bank International Ltd. Tozer Kemsley and Millbourn (Holdings)' Ltd. and Lazard Brothers and Company Ltd have received the approval of the Soviet Union Government and the State Bank of the U.S.S.R. to open a representative office in Moscow. This will be the first British banking organisation .to receive permission to operate in the Soviet Union. The' three partners have formed a new company, to be known as Barclays Tozer Ltd. in which Barclays and T.K.M. each have a 40 per cent share, hazards holding 20 per cent. The aim is to foster trade and economic development between Russia and her associated countries and the rest of the world,: including the developing countries.—London, February 5.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHP19740206.2.93
Bibliographic details
Press, Volume CXIV, Issue 33452, 6 February 1974, Page 11
Word Count
117Banking enterprise Press, Volume CXIV, Issue 33452, 6 February 1974, Page 11
Using This Item
Stuff Ltd is the copyright owner for the Press. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Christchurch City Libraries.
Log in