Banco Galliano was the oldest

bank A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital m ...

in the

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Gibraltar Gibraltar ( , ) is a British Overseas Territories, British Overseas Territory and British overseas cities, city located at the southern tip of the Iberian Peninsula, on the Bay of Gibraltar, near the exit of the Mediterranean Sea into the A ...

History

In 1855, Antonio Luis Galliano (1803–1866) and his family, immigrants from

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via

Cádiz Cádiz ( , , ) is a city in Spain and the capital of the Province of Cádiz in the Autonomous communities of Spain, autonomous community of Andalusia. It is located in the southwest of the Iberian Peninsula off the Atlantic Ocean separated fr ...

, established A.L. Galliano Bankers in Gibraltar, better known as ''Banco Galliano'' in

Spanish Spanish might refer to: * Items from or related to Spain: **Spaniards are a nation and ethnic group indigenous to Spain **Spanish language, spoken in Spain and many countries in the Americas **Spanish cuisine **Spanish history **Spanish culture ...

, or ''Galliano's Bank'' in English. This family-owned bank was Gibraltar's oldest bank, though it did not incorporate until August 1978. (Before that it was a partnership.) In 1987 Jyske Bank acquired Banco Galliano renaming it Jyske Bank (Gibraltar) Limited. From the latter half of the 19th century, Galliano's bank started to face competition. The Anglo-Egyptian Bank (later

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) opened a branch in 1888, and Credit Foncier (later

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) entered in 1920. There were also, by the start of the 20th century, four other small, family-owned banks – Cuby Brothers, Benzecry (''El Banquerito''; established 1882), Rugeroni Brothers (established 1919), and Marrache and Sons – but by 1940 these had ceased operating. A.L. Galliano Bankers survived the

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, the

Spanish Civil War The Spanish Civil War () was a military conflict fought from 1936 to 1939 between the Republican faction (Spanish Civil War), Republicans and the Nationalist faction (Spanish Civil War), Nationalists. Republicans were loyal to the Left-wing p ...

, and both

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s, albeit with difficulty.

Gibraltarian Gibraltarians (Spanish: ''gibraltareños'', colloquially: '' llanitos'') are an ethnic group native to Gibraltar, a British overseas territory located near the southernmost tip of the Iberian Peninsula at the entrance to the Mediterranean Sea ...

Francis (Paco) Galliano OBE, the last Galliano to own and run the bank, entered the bank in 1944 at the age of 17. He became a partner in 1953 and the senior partner in 1964. His son, Frank Galliano was General Manager until the takeover.

Trivia

In 1822, the

spanish Spanish might refer to: * Items from or related to Spain: **Spaniards are a nation and ethnic group indigenous to Spain **Spanish language, spoken in Spain and many countries in the Americas **Spanish cuisine **Spanish history **Spanish culture ...

guitar-maker Joséf Pagés made a Spanish guitar that came to belong to members of the Galliano family. Paco Galliano sold it in 2008 for £6,600.Bonhams - A Spanish Six-course Guitar by Josef Pages, Cadiz 1822
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Citations and references

;Citations ;References * Financial services companies of Gibraltar G Banks established in 1855 1855 establishments in Gibraltar Banks disestablished in 1997 1997 disestablishments in Gibraltar Banks of Gibraltar {{bank-stub