Raphaels Bank

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R. Raphael & Sons plc
Type Private company limited
Industry Financial services
Founded 1787
Founder(s) Raphael Raphael
Headquarters Albany Court Yard, 47-48 Piccadilly, London, England, UK
Key people J H A Quitter (Chairman)
Products personal savings, multi-currency ATMs, consumer credit, prepaid cards, credit cards
Operating income £ 20.6 million (2013)
Net income £ 20.6 million (2013)
Employees 84 (2013)
Website raphaelsbank.com

R Raphael & Sons (doing business as Raphaels Bank) was founded by Dutchman Raphael Raphael, in 1787. Raphael built up a considerable wealth during the Napoleonic wars, and later diversified the business to include stockbroking, foreign banking and bullion broking.[1]

Successive generations of the Raphael family moved into public share issues, raising loans for European governments, and transactions in American railway stocks in Europe. In 1890, Raphael's was a major contributor to the Bank of England fund to rescue Barings Bank.

The Raphael family finally severed links with the bank in 1983. Since 2004, the bank has been a subsidiary of Lenlyn Holdings Plc. The bank is sited in Piccadilly, London and at Walton Lodge, in Walton, Aylesbury a grade II listed building, part of Walton Terrace.

Raphaels Bank's Services include: prepaid and credit card services, personal savings products, consumer credit, and a multi-currency ATM network.

As a subsidiary of Lenlyn Holdings Plc, Raphaels is sister company to ICE - International Currency Exchange in the UK.


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