Limited | |
Industry | Banking, Finance |
Founded | 1893 |
Headquarters | London, England, United Kingdom |
Products | Financial services |
Owner | Qatar Holdings |
Parent | Harrods |
Website | http://www.harrodsbank.co.uk/ |
Harrods Bank Limited is a private personalised banking service which operates from the Harrods store in Knightsbridge. Harrods Bank was started in 1893 and caters for high-net-worth (HNW) individuals. The bank is owned by Qatar Holdings, an investment arm of the state of Qatar.
In 1991 the House of Commons Trade and Industry Committee ordered the Governor of the Bank of England, Robin Leigh-Pemberton, to order the owners of Harrods, Mohamed Al-Fayed, and his brother Ali Al-Fayed, to transfer control of the Harrods Bank to trustees, after they found that the Fayeds were not "fit and proper" to run the bank.