The bank is infamous as the scene of Glasgow's greatest financial disaster of the Victorian era. In June 1878, the directors reported that there were now 133 branches of the bank and that business was booming with deposits of £8 million and that a dividend of 12 per cent would be paid. All appeared well and so the City was devastated when on 2nd October of the same year the newspapers reported that the directors had decided to close the bank. This exhibition features documents recording the demise of the bank.
|For further information about the collections used for the City of Glasgow Bank exhibition or if you would like permission to use the images and text accompanying this exhibition, please contact us.|