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De Surinaamsche Bank
''De Surinaamsche Bank'' (DSB; Bank of Suriname in English), is the largest bank in Suriname. History Simon Abendanon founded De Surinaamsche Bank (DSB) on 19 January 1865 in Paramaribo, and it opened for business on 18 July 1865 in the home of one of the founders, pending construction of its own building. The Bank’s headquarters remained in Amsterdam though. Abendanon was a captain and court bailiff in Suriname. After the abolition of slavery in 1863, there was a period of monetary chaos and Abendanon saw an opportunity in creating a bank that would issue bank-notes and use the funds to finance trade. After its founding in 1826, the Nederlandsche Handel-Maatschappij issued banknotes. And then between 1828-1848 the West-Indische Bank issued banknotes for the Dutch West Indies. The next organizational landmark occurred in 1948 when Nederlandsche Handel-Maatschappij acquired DSB. Three years later, Nederlandsche Handel-Maatschappij, which owned all the shares of DSB, transferred ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paramaribo
Paramaribo (; ; nicknamed Par'bo) is the capital and largest city of Suriname, located on the banks of the Suriname River in the Paramaribo District. Paramaribo has a population of roughly 241,000 people (2012 census), almost half of Suriname's population. The historic inner city of Paramaribo has been a UNESCO World Heritage Site since 2002. Name The city is named for the Paramaribo tribe living at the mouth of the Suriname River; the name is from Tupi–Guarani ''para'' "large river" + ''maribo'' "inhabitants". History The name Paramaribo is probably a corruption of the name of an Indian village, spelled Parmurbo in the earliest Dutch sources. This was the location of the first Dutch settlement, a trading post established by Nicolaes Baliestel and Dirck Claeszoon van Sanen in 1613. English and French traders also tried to establish settlements in Suriname, including a French post established in 1644 near present-day Paramaribo. All earlier settlements were abandoned s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suriname
Suriname (; srn, Sranankondre or ), officially the Republic of Suriname ( nl, Republiek Suriname , srn, Ripolik fu Sranan), is a country on the northeastern Atlantic coast of South America. It is bordered by the Atlantic Ocean to the north, French Guiana to the east, Guyana to the west, and Brazil to the south. At just under , it is the smallest sovereign state in South America. It has a population of approximately , dominated by descendants from the slaves and labourers brought in from Africa and Asia by the Dutch Empire and Republic. Most of the people live by the country's (north) coast, in and around its capital and largest city, Paramaribo. It is also List of countries and dependencies by population density, one of the least densely populated countries on Earth. Situated slightly north of the equator, Suriname is a tropical country dominated by rainforests. Its extensive tree cover is vital to the country's efforts to Climate change in Suriname, mitigate climate ch ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance
Finance is the study and discipline of money, currency and capital assets. It is related to, but not synonymous with economics, the study of production, distribution, and consumption of money, assets, goods and services (the discipline of financial economics bridges the two). Finance activities take place in financial systems at various scopes, thus the field can be roughly divided into personal, corporate, and public finance. In a financial system, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. A broad range of subfields within finance exist due to its wide scope. Asset, money, risk and investment management aim to maximize value and minimize volatility. Financial analysis is viability, stability, and profitability asse ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Investment Bank
Investment is the dedication of money to purchase of an asset to attain an increase in value over a period of time. Investment requires a sacrifice of some present asset, such as time, money, or effort. In finance, the purpose of investing is to generate a return from the invested asset. The return may consist of a gain (profit) or a loss realized from the sale of a property or an investment, unrealized capital appreciation (or depreciation), or investment income such as dividends, interest, or rental income, or a combination of capital gain and income. The return may also include currency gains or losses due to changes in the foreign currency exchange rates. Investors generally expect higher returns from riskier investments. When a low-risk investment is made, the return is also generally low. Similarly, high risk comes with a chance of high losses. Investors, particularly novices, are often advised to diversify their portfolio. Diversification has the statistical effect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Bank
Private banks are banks owned by either the individual or a general Partner (business rank), partner(s) with limited partner(s). Private banks are not incorporation (business), incorporated. In any such case, creditors can look to both the "entirety of the bank's assets" as well as the entirety of the sole-proprietor's/general-partners' assets. These banks have a long tradition in Switzerland, dating back to at least the Revocation of the Edict of Nantes#The Revocation of the Edict of Nantes, Revocation of the Edict of Nantes (1685). Private banks also have a long tradition in the UK where C. Hoare & Co. has been in business since 1672. Notable private banks This list contains two types of banks: * Unincorporated banks owned by either an individual or a general partner(s) with limited partner(s). * Incorporated banks specialized in wealth management for high-net-worth individuals. China *Bank of Communications, founded in 1908 *China Merchants Bank France * Compagnie Fin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nederlandsche Handel-Maatschappij
The Netherlands Trading Society ( nl, Nederlandsche Handel-Maatschappij or NHM) was a Dutch trading and financial company, established in 1824 in The Hague by King William I to promote and develop trade, shipping and agriculture. For the next 140 years the NHM developed a large international branch network and increasingly engaged in banking operations. In 1964 it merged with Twentsche Bank to form Algemene Bank Nederland, itself a predecessor of ABN AMRO. History The NHM was a private company which issued publicly traded shares. According to the king, the NHM would act to leverage economic activity and encourage the development of national wealth. However, in practice it came down to expanding existing trade, by gathering data and searching for new markets as well as financing industry and shipping. Its close association with the Dutch government meant it played an important role in the development of trade between the Netherlands and the Dutch East Indies. Its former headquarte ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of Suriname
The Central Bank of Suriname ( nl, Centrale Bank van Suriname) is Suriname’s highest monetary authority and the country’s governing body in monetary and economic affairs. The Central Bank’s tasks were legislated in the Bank Act of 1956. Like other central banks, it is the principal monetary authority of the country. Other tasks include the promotion of the value and stability of the currency of Suriname, the provision of money circulation, the safeguarding of private banking and credit union activities, together with balanced socio-economic development. The Central Bank is headed by a Governor and divided into three directorates: Banking Operations, Monetary and Economic Affairs and Supervision. History After the start of Suriname’s political self-government from the Netherlands in 1954, changes were instigated to the country’s monetary system; on 1 April 1957 the ''Central bank of Suriname'' was established in Paramaribo and took over the issuing of currency. Until 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ABN AMRO
ABN or abn may refer to: Companies * ABN AMRO Group, a Dutch bank group * ABN AMRO, sometimes referred to as "ABN" in shorthand, is a Dutch state-owned bank * Algemene Bank Nederland, a now-defunct Dutch bank Radio, news and television organizations * ABN Andhra Jyothi, a Telugu language news channel based in India * Agri Broadcast Network, an Ohio-based agricultural radio news network * ABN (TV station), the Australian Broadcasting Corporation's Sydney TV station * ABNXcess, the sole cable television operator in Malaysia * Asahi Broadcasting Nagano, a TV station in Nagano Prefecture, Japan * Asia Business News a now-defunct business news channel * Agencia Bolivariana de Noticias, the national news agency of Venezuela * Avivamiento Broadcasting Network, a religious local TV station in Bogotá, Colombia * AMCARA Broadcasting Network, an Philippine-based broadcast company in Quezon City, Philippines Other organizations * Alaska Board of Nursing, the regional board of nurses in t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assuria N
Assyria (Neo-Assyrian cuneiform: , romanized: ''māt Aššur''; syc, ܐܬܘܪ, ʾāthor) was a major ancient Mesopotamian civilization which existed as a city-state at times controlling regional territories in the indigenous lands of the Assyrians from the 21st century BC to the 14th century BC, then to a territorial state, and eventually an empire from the 14th century BC to the 7th century BC. Spanning from the early Bronze Age to the late Iron Age, modern historians typically divide ancient Assyrian history into the Early Assyrian ( 2600–2025 BC), Old Assyrian ( 2025–1364 BC), Middle Assyrian ( 1363–912 BC), Neo-Assyrian (911–609 BC) and post-imperial (609 BC– AD 630) periods, based on political events and gradual changes in language. Assur, the first Assyrian capital, was founded 2600 BC but there is no evidence yet discovered that the city was independent until the collapse of the Third Dynasty of Ur in the 21st century BC, when a line of independent kin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
