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Hungarian Mortgage Credit Bank
The Hungarian Mortgage Credit Bank ( hu, Magyar Jelzálog-Hitelbank, occasionally referred to simply as "Mortgage Bank") was a significant Hungarian bank, founded in 1869 in Budapest. By 1913 it was the third-largest bank in the country by total assets, behind the Hungarian Commercial Bank of Pest and the First National Savings Bank of Pest. It was nationalized in 1947–1949, together with the rest of the Hungarian banking sector. In 1881, it received further investment from a group of investors formed by Vienna's Unionbank (Austria), Unionbank and France's Société Générale and Banque de Paris et des Pays-Bas. The bank was long led by Hungarian statesman Kálmán Széll. The Mortgage Bank remained among the country's leading banks during the interwar period. Its chairman and CEO from 1918 to 1925 was . Its managing director from 1937 to 1944 was Imre Oltványi, who would become governor of the Hungarian National Bank in the imemdiate postwar era. See also * Austro-Hungarian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nador 7
Nador (Berber languages, Riffian-Berber: ⵏⴰⴷⵓⵔ) is a coastal city and provincial capital in the northeastern Rif region of Morocco with a population of about 161,726 (2014 census). Nador city is separated from the Mediterranean Sea by a salt lagoon named ''Rbḥar Ameẓẓyan'' in Berber (''Mar Chica'' in Spanish) and is south of the Spanish city of Melilla. Nador was founded in the 19th century by local Berber tribes and was under Spanish occupation from 1912 until Morocco's independence in 1956. The Nador Province has over 600,000 inhabitants, predominantly of Riffian people, Rif-Berbers, Berber ethnicity. Nador is considered the second largest city in the Oriental East after Oujda, Wejda. Etymology The city name originated from the local Berbers, Amazigh tribes of Has Nador, which was a small village near the Nador lagoon. Overview The economy of Nador and Nador province includes fishery, agriculture, some light and heavy industry. In the summer months o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Budapest
Budapest (, ; ) is the capital and most populous city of Hungary. It is the ninth-largest city in the European Union by population within city limits and the second-largest city on the Danube river; the city has an estimated population of 1,752,286 over a land area of about . Budapest, which is both a city and county, forms the centre of the Budapest metropolitan area, which has an area of and a population of 3,303,786; it is a primate city, constituting 33% of the population of Hungary. The history of Budapest began when an early Celtic settlement transformed into the Roman town of Aquincum, the capital of Lower Pannonia. The Hungarians arrived in the territory in the late 9th century, but the area was pillaged by the Mongols in 1241–42. Re-established Buda became one of the centres of Renaissance humanist culture by the 15th century. The Battle of Mohács, in 1526, was followed by nearly 150 years of Ottoman rule. After the reconquest of Buda in 1686, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungarian Commercial Bank Of Pest
The Hungarian Commercial Bank of Pest ( hu, Pesti Magyar Kereskedelmi Bank, PMKB, occasionally referred to simply as "Commercial Bank") was Hungary's first modern bank, established in 1840–1841. It was nationalized in the early Communist era and repurposed in 1950 as the Hungarian Trade Bank ( hu, Magyar Külkereskedelmi Bank, MKB), later known as MKB Bank. History Beginnings In 1830, a group of prominent merchants in Pest, Hungary, Pest, including Jewish traders such as Sámuel Wodianer and Izrael Baumgarten, gathered under the leadership of and applied for the establishment of a commercial bank. One of the arguments was that the Austro-Hungarian Bank, Austrian National Bank had not used its rights to open bank branches in the cities of Hungary; it was emphasized that the new institution would not abridge the rights of the Austrian National Bank. Following a very protracted approval process, the requested patent was eventually granted in 1838, and after further obstacles t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First National Savings Bank Of Pest
The First National Savings Bank of Pest (PHET) ( hu, Pesti Hazai Első Takarékpénztár), sometimes translated as ''First Domestic Savings Bank'' or referred to simply as ''First Savings Bank'', was a major Hungarian bank that was established in 1839–1840 and was eventually nationalized in 1948, together with its universal banking affiliate ''Hazai Bank'', established in 1895. It was one of the three largest banks in Hungary in the late 19th and early 20th centuries, together with the Hungarian Commercial Bank of Pest and the Hungarian General Credit Bank. History Creation and early development The decision to create the First Savings Bank was made by the Pest municipal authorities in 1839, following advocacy by prominent local figures such as András Fáy. It started operations on , initially in two small rooms of Pest County Hall. Lajos Kossuth and István Széchenyi were among its 326 original backers. In 1844 it was converted from an association to a joint-stock ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Unionbank (Austria)
Union Bank or Unionbank may refer to: * Unionbank, an Austrian bank active created in 1870, merged into Allgemeine Bodencreditanstalt in 1927 * Union Bank (Albania) * Union Bank of Australia, became part of Australia and New Zealand Banking Group * Union Bank Limited (Bangladesh) * Union Bank of California, now named MUFG Union Bank * Union Bank of Halifax, Nova Scotia * Union Bank of Hong Kong, now named Industrial and Commercial Bank of China (Asia) * Union Bank of India * Union Bank of Israel * Union Bank (Jordan), a bank in the Arab world * Union Bank of London, later National Provincial Bank * Union Bank (Morrisville, Vermont) * Union Bank of New London, earliest predecessor of failed Bank of New England (Massachusetts) * Union Bank of Nigeria * Union Bank of Norway, branded as Sparebanken NOR * Unionbank (Philippines), a Philippine bank created in 1968 * Union Bank (Pakistan) * Union Bank (Pembrokeshire), England * Union Bank of Scotland, now part of Bank of Scotlan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Générale
Société Générale S.A. (), colloquially known in English as SocGen (), is a French-based multinational financial services company founded in 1864, registered in downtown Paris and headquartered nearby in La Défense. Société Générale is France's third largest bank by total assets after BNP Paribas and Crédit Agricole. It is also the sixth largest bank in Europe and the world's eighteenth. It is considered a systemically important bank by the Financial Stability Board. From 1966 to 2003 it was known as one of the ''Trois Vieilles'' ("Old Three") major French commercial banks, along with Banque Nationale de Paris (from 2000 BNP Paribas) and Crédit Lyonnais. History 19th Century The bank was founded by a group of industrialists and financiers during the Second Empire on May 4, 1864. Its full name was ''Société Générale pour favoriser le développement du commerce et de l'industrie en France'' ("General Company to Support the Development of Commerce and Industr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque De Paris Et Des Pays-Bas
The Banque de Paris et des Pays-Bas (“Bank of Paris and the Netherlands”), generally referred to from 1982 as Paribas, was a French investment bank based in Paris. In May 2000, it merged with the Banque Nationale de Paris to form BNP Paribas. History Background In the early 1820s, Louis-Raphaël Bischoffsheim founded a private banking establishment in Amsterdam in his own name. His brother Jonathan-Raphaël created a branch in Antwerp in 1827 before settling in Brussels in 1836. Having married Henriette Goldschmidt, the daughter of Frankfurt banker Hayum-Salomon Goldschmidt, Louis-Raphaël Bischoffsheim established the Bischoffsheim, Goldschmidt & Cie bank in Paris in 1846, then in London in 1860. In 1863 he merged these banks into the (NCDB, "Dutch Credit and Deposit Bank"; french: Banque de Crédit et de Dépôt des Pays-Bas), which he had founded in Amsterdam: the Bischoffsheim family thereby established a powerful multinational banking conglomerate. Separately i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kálmán Széll
Kálmán Széll de Duka et Szentgyörgyvölgy (8 June 1843 – 16 August 1915) was a Hungarian politician who served as Prime Minister of Hungary from 1899 to 1903. Early career He was born in the ancient Hungarian noble family Széll de Duka et Szentgyörgyvölgy, that originally hailed from Vas county, in the western region of the Kingdom of Hungary. His father was József Széll (1801-1871), ispán-regent of Vas county, and his mother was a noblewoman, Júlia Bertha de Felsőőr (1817–1873). Among his Hungarian noble ancestors were his maternal grandfather, Ignác Bertha de Felsőeőr (1780-1847), vice-ispán of Vas county, jurist, landowner, and his maternal great-grandfather, József Sümeghy de Lovász et Szentmargitha (1757–1832), royal counselor, jurist, landowner, and vice-ispán of Zala County. He studied in Pest and Vienna, and in 1867 became deputy for the district of Szentgotthárd. He quickly garnered the reputation of being remarkably well inform ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imre Oltványi
Imre Oltványi (20 February 1893 – 13 January 1963) was a Hungarian politician, who served as Minister of Finance in 1945 in the Interim National Government. He studied at the University of Budapest. Between 1920 and 1921 he was the secretary of the National Agriculture Association. He was a founding member of the Smallholders' Party. Towards the end of the Second World War he participated in resistant movements against the Arrow Cross Party government. After the war he was appointed head of the National Bank of Hungary. After his short ministership he served in this position again. Oltványi was member of the National Assembly between 1945 and 1947. He served as ambassador to Switzerland between 1947 and 1948. After that he was the director of the Hungarian National Museum The Hungarian National Museum ( hu, Magyar Nemzeti Múzeum) was founded in 1802 and is the national museum for the history, art, and archaeology of Hungary, including areas not within Hungary's modern ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungarian National Bank
The Hungarian National Bank ( hu, Magyar Nemzeti Bank (MNB)) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). The Hungarian National Bank was established in 1924 and succeeded the Royal Hungarian State Bank, which introduced the Hungarian forint on 1 August 1946. The Hungarian National Bank lays special emphasis on its international relations and on participation in the professional forums of international economic institutions and financial organisations (EU, IMF, OECD, BIS). Its principal aim is price stability, but it is also responsible for issuing the national currency, the Hungarian forint, forint, controlling the money Circulation (currency), in circulation, setting the Central Bank base rate, publishing official exchange rates, and managing the foreign-exchange reserves and gold to influence exchange rates. Operations The Governor of the Hungarian National Bank is appointed by the President of Hungary at the proposal of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Austro-Hungarian Bank
The Austro-Hungarian Bank (german: Oesterreichisch-ungarische Bank, hu, Osztrák–Magyar Bank, cs, Rakousko-uherská banka, pl, Bank Austriacko-Węgierski, hr, Austro-Ugarska banka) was the central bank of the Habsburg Monarchy in the 19th and early 20th centuries. The institution was founded in 1816 as the privilegirte oesterreichische National-Bank (), and changed its name in 1878 as a delayed consequence of the Austro-Hungarian Compromise of 1867. It was liquidated in the financial turmoil folloiwng the collapse of the Habsburg Monarchy in late 1918, and was principally succeeded by the Oesterreichische Nationalbank in Vienna, the Hungarian National Bank in Budapest, and the National Bank of Czechoslovakia in Prague. Background The first note-issuing institution in the Habsburg Monarchy was the Municipal Bank of Vienna or , established in 1705. It started issuing banknotes in 1762, which were known as "Bancozettel". During the Napoleonic Wars, the imperial Austrian gove ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hungarian General Credit Bank
The Hungarian General Credit Bank ( hu, Magyar Általános Hitelbank, MÁH, german: Ungarische Allgemeine Kreditbank, also known as Creditbank) was a major bank in Hungary, from its establishment in 1867 by the Rothschild family until its nationalization in 1948. History Background The Rothschild family was involved early on in financing operations in Hungary, including by providing a sixth of the equity capital for the construction of the iconic Széchenyi Chain Bridge and refinancing its cost overruns in the 1840s. In 1857, the Rothschild-sponsored Creditanstalt bank opened a branch in Pest. Austro-Hungarian era The Hungarian General Credit Bank had its shares first traded on the Vienna Stock Exchange on , ahead of its formal registration by the Hungarian Commercial and Exchange Court of Pest on . In 1871, it took over the local branch of Creditanstalt. In 1873, it received a mandate from the recently created finance ministry for a range of transactions, which made it e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
