Croatian Discount Bank
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Croatian Discount Bank
The Croatian Discount Bank ( hr, Hrvatska eskomptna banka) was a significant bank headquartered in Zagreb, which was conceived in 1864 and started opetrations on . It merged in 1928 with the Croatian-Slavonian Land Mortgage Bank ( hr, Hrvatsko-slavonska zemaljska hipotekarna banka, est. 1892) to form the Yugoslav United Bank ( hr, Jugoslavenska udružena banka, also ''Union banka''). The latter was rebranded Croatian United Bank ( hr, Hrvatska udružena banka) under the Independent State of Croatia in 1941. Its liquidation by the Communist authorities was initiated in late 1945 and completed in 1949. History At its creation in 1868, the Croatian Discount Bank was the second large modern bank founded in what is now Croatia, following the establishment of the First Croatian Savings Bank in 1846. The Discount Bank had mostly local shareholders and was thus viewed as more straightforwardly aligned with Croatian interests than the First Croatian Savings Bank at that time. was inst ...
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Disconto-Gesellschaft
The Disconto-Gesellschaft (full name: Direktion der Disconto-Gesellschaft), with headquarters in Berlin, was founded in 1851. It was, until its 1929 merger into Deutsche Bank, one of the largest German banking organizations. History It was founded in 1851 as a “credit partnership,” and in 1856 was changed into a limited liability, joint-stock company under the name of “Direktion der Disconto-Gesellschaft,” with a capital of 30,000,000 marks. Its founder was David Hansemann, later Prussian Minister of Finance. Since 1857 also his son Adolph von Hansemann worked in the bank of his father. Its purpose and earliest activities were in the fostering of current account business and the underwriting of German state and local loans and railway shares. In 1890, a branch was opened in London, from which time dated the institution's activities in overseas matters. In 1901, on the liquidation of the house of M. A. Rothschild & Sons of Frankfurt am Main, a branch was established in t ...
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City Savings Bank Of Zagreb
The City Savings Bank ( hr, Gradska štedionica) was a significant bank headquartered in Zagreb, created in 1913, reorganized after World War II and eventually merged into the National Bank of Yugoslavia in 1952. History The Zagreb City Assembly approved the Statute of the City Savings Bank in Zagreb on . At a time, Zagreb had a population of 100,000 and was rapidly developing into a modern city. The bank's primary role was financing the city's public companies. In 1916, the bank acquired the Zagrebački električni tramvaj, Zagreb electric tram company (ZET) and invested heavily in the development of the tram network and public transport in general. The bank fared comparatively better during the European banking crisis of 1931 than many of its competitors. It had to request a moratorium on its liabilities, but this was lifted in 1935, earlier than for peers including the larger First Croatian Savings Bank which had entered moratorium in April 1932. The City Savings Bank benefi ...
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Slavenska Banka
) , founded = , founders = Group of Zagreb-based individuals , defunct = , fate = Bankrupt , hq_location_city = Zagreb , hq_location_country = Croatia , area_served = Croatia, Slavonia and Dalmatia , key_people = , products = Banking services , owner = The Slavenska Banka () was a Croatian bank based in Zagreb. It played a prominent role in the history of Croatian and Slovenian banking in the early 1920s, before going into bankruptcy in 1925. History The National Bank was established by a group of Zagreb-based individuals on , as the collapse of Austria-Hungary looked increasingly likely, with a view that it might become the central bank for a future autonomous or independent Croatia. In 1920 it took over the small savings bank , which had been founded in nearby Kotari in 1911 and relocated to Zagreb in 1915. On , an Act on the National Bank granted it the privilege of is ...
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Serbian Bank In Zagreb
The Serbian Bank in Zagreb ( hr, Srpska banka u Zagrebu) was a medium-sized bank in the Kingdom of Hungary and then the Kingdom of Yugoslavia, established in 1895 and liquidated in 1945. It has been described as "the financial center of the Serbian irredentist movement". History The bank was founded on in Zagreb. The initial capital was provided by ethnic-Serbian entrepreneurs in Croatia as well as Syrmia, Bačka and Banat, regions that were then all part of the Kingdom of Hungary. Among the founders were Lazar Bačić, Vladimir Matijević, Bogdan Medaković, , and , most of which were also associated with the creation of the Privrednik ethnic-Serbian business association in 1897. Kosta Taušanović, a political leader in the neighboring Kingdom of Serbia, was in Zagreb at the time and provided support for the bank's creation. In 1910, as political conditions did not allow it to maintain a branch in the Kingdom of Serbia, the Serbian Bank established the "Danubian Joint-St ...
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Jugoslavenska Banka
Jugoslavenska Banka () was a significant bank in the Kingdom of Yugoslavia during the interwar period. It was founded in Osijek in 1909 as the Croatian Landesbank ( hr, Hrvatska zemaljska banka, german: Kroatische Landesbank), and in 1920 relocated to Zagreb and changed its name to Jugoslavenska Banka. Again renamed Croatian Landesbank in 1941, it was liquidated in late 1945. History The creation of the Croatian Landesbank was sponsored in 1909 by Prague-based Živnostenská Banka, in line with its strategy of expansion into the Slavic-speaking lands of the Habsburg monarchy, and took over the prior local business of Sorger, Weiszmayer & Cie whose eponymous partners became shareholders in the new privately held venture together with Živnostenská. In 1912, it acquired the Agrarian Savings Bank ( hu, Földmivelk Takarékpénztára Reazvénytársaság) in Subotica. In May 1914, it took over the Zagreb-headquartered (). Meanwhile, it established branches in Belgrade, Ljubljana, ...
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