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Israel-British Bank

Volume 886: debated on Monday 10 February 1975

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asked the Secretary of State for Trade when the investigation into the affairs of the Israel-British Bank, which collapsed in July 1974, is likely to be completed.

Israel-British Bank (London) Limited is in compulsory liquidation by order of the High Court and the Official Receiver is investigating its affairs. Inquiries are well advanced but I cannot at present say when they will be completed in this complex matter.