Bank Of Crete (1899–1919)
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Bank Of Crete (1899–1919)
The Bank of Crete (, french: Banque du Crète) was a bank that functioned between 1899 and 1918. History Following the departure of the Ottoman Empire's forces in December 1898, the government of the autonomous Cretan State, under Eleftherios Venizelos, established the Bank of Crete (''Banque du Crète'') with the assistance of the National Bank of Greece and Hambros Brothers on 30 September 1899. In addition to the functions of commercial and mortgage banking, the bank received the exclusive privilege, for thirty years, of issuing banknotes in the island of Crete. The National Bank of Greece The National Bank of Greece (NBG; el, Εθνική Τράπεζα της Ελλάδος) is a global banking and financial services company with its headquarters in Athens, Greece. 85% of the company's pretax preprovision profits are derived ... wholly acquired, and subsumed the Bank of Crete in 1919. References {{DEFAULTSORT:Bank of Crete (1899-1919) Defunct banks of Greece Cre ...
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Bank Of Crete 1899 Seal
A bank is a financial institution that accepts 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 markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Ottoman Empire
The Ottoman Empire, * ; is an archaic version. The definite article forms and were synonymous * and el, Оθωμανική Αυτοκρατορία, Othōmanikē Avtokratoria, label=none * info page on book at Martin Luther University) // CITED: p. 36 (PDF p. 38/338) also known as the Turkish Empire, was an empire that controlled much of Southeast Europe, Western Asia, and Northern Africa between the 14th and early 20th centuries. It was founded at the end of the 13th century in northwestern Anatolia in the town of Söğüt (modern-day Bilecik Province) by the Turkoman tribal leader Osman I. After 1354, the Ottomans crossed into Europe and, with the conquest of the Balkans, the Ottoman beylik was transformed into a transcontinental empire. The Ottomans ended the Byzantine Empire with the conquest of Constantinople in 1453 by Mehmed the Conqueror. Under the reign of Suleiman the Magnificent, the Ottoman Empire marked the peak of its power and prosperity, as well a ...
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Cretan State
The Cretan State ( el, Κρητική Πολιτεία, Kritiki Politeia; ota, كريد دولتى, Girid Devleti) was established in 1898, following the intervention by the Great Powers (United Kingdom, France, Italy, Austria-Hungary, Germany and Russia) on the island of Crete. In 1897, the Cretan Revolt (1897–1898), Cretan Revolt led the Ottoman Empire to Greco-Turkish War (1897), declare war on Kingdom of Greece, Greece, which led the United Kingdom of Great Britain and Ireland, United Kingdom, French Third Republic, France, Kingdom of Italy, Italy and Russian Empire, Russia to intervene on the grounds that the Ottoman Empire could no longer maintain control. It was the prelude to the island's final annexation to the Kingdom of Greece, which occurred ''de facto'' in 1908 and ''de jure'' in 1913 after the First Balkan War. History Background The island of Crete, an Ottoman possession since the end of the Cretan War (1645–1669), was inhabited by a mostly Greek-speaking po ...
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Eleftherios Venizelos
Eleftherios Kyriakou Venizelos ( el, Ελευθέριος Κυριάκου Βενιζέλος, translit=Elefthérios Kyriákou Venizélos, ; – 18 March 1936) was a Greek statesman and a prominent leader of the Greek national liberation movement. He is noted for his contribution to the expansion of Greece and promotion of liberal-democratic policies.Kitromilides, 2006, p. 178"Liberty Still Rules"
'''', 18 February 1924.
As leader of the , he held office as

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National Bank Of Greece
The National Bank of Greece (NBG; el, Εθνική Τράπεζα της Ελλάδος) is a global banking and financial services company with its headquarters in Athens, Greece. 85% of the company's pretax preprovision profits are derived from its operations in Greece, complemented by 15% from Southeastern Europe. The group offers financial products and services for corporate and institutional clients along with private and business customers. Services include banking services, brokerage, insurance, asset management, shipping finance, leasing and factoring markets. The group is the largest Greek bank by total assets and the third largest by market capitalisation of €1.06 billion as at 4 December 2018. It is the second largest by deposits in Greece after Piraeus Bank. It is fourth largest by Greek loan assets trailing Piraeus Bank, Alpha Bank and Eurobank Ergasias. The bankers Jean-Gabriel Eynard and Georgios Stavros founded NBG in 1841 as a commercial bank. Stavros was al ...
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Crete
Crete ( el, Κρήτη, translit=, Modern: , Ancient: ) is the largest and most populous of the Greek islands, the 88th largest island in the world and the fifth largest island in the Mediterranean Sea, after Sicily, Sardinia, Cyprus, and Corsica. Crete rests about south of the Greek mainland, and about southwest of Anatolia. Crete has an area of and a coastline of 1,046 km (650 mi). It bounds the southern border of the Aegean Sea, with the Sea of Crete (or North Cretan Sea) to the north and the Libyan Sea (or South Cretan Sea) to the south. Crete and a number of islands and islets that surround it constitute the Region of Crete ( el, Περιφέρεια Κρήτης, links=no), which is the southernmost of the 13 top-level administrative units of Greece, and the fifth most populous of Greece's regions. Its capital and largest city is Heraklion, on the north shore of the island. , the region had a population of 636,504. The Dodecanese are located to the no ...
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Defunct Banks Of Greece
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Banks Established In 1899
A bank is a financial institution that accepts 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 markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Establishments In The Cretan State
Establishment may refer to: * The Establishment, a dominant group or elite that controls a polity or an organization * The Establishment (club), a 1960s club in London, England * The Establishment (Pakistan), political terminology for the military deep-state in Pakistan * Establishment of a state religion or established church * Establishment, participation in economic life "on a stable and continuous basis" in the European Single Market * ESTABLISHED, a Transmission Control Protocol connection state See also * * * Anti-establishment, in opposition to the conventional social, political, and economic principles of a society * Dissolution (law), with respect to an entity that was previously legally established * Disestablishmentarianism, a movement to end the Church of England's status as an official church * Establiments, a residential district in the Balearic Islands * Establishment Clause of the First Amendment to the United States Constitution, forming the right of freedom ...
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Banks Disestablished In 1919
A bank is a financial institution that accepts 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 markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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1919 Disestablishments In Greece
Events January * January 1 ** The Czechoslovak Legions occupy much of the self-proclaimed "free city" of Pressburg (now Bratislava), enforcing its incorporation into the new republic of Czechoslovakia. ** HMY ''Iolaire'' sinks off the coast of the Hebrides; 201 people, mostly servicemen returning home to Lewis and Harris, are killed. * January 2– 22 – Russian Civil War: The Red Army's Caspian-Caucasian Front begins the Northern Caucasus Operation against the White Army, but fails to make progress. * January 3 – The Faisal–Weizmann Agreement is signed by Emir Faisal (representing the Arab Kingdom of Hejaz) and Zionist leader Chaim Weizmann, for Arab–Jewish cooperation in the development of a Jewish homeland in Palestine, and an Arab nation in a large part of the Middle East. * January 5 – In Germany: ** Spartacist uprising in Berlin: The Marxist Spartacus League, with the newly formed Communist Party of Germany and the Independent Social Democra ...
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