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Hungarian Discount And Exchange Bank
The Hungarian Discount and Exchange Bank ( hu, Magyar Leszámítoló és Pénzváltó Bank, MLPB, occasionally referred to simply as "Discount Bank") was a significant Hungarian bank, established in Budapest in 1869. It was nationalized in 1947–1949, together with the rest of the Hungarian banking sector. Overview The MLPB was originally established as a Hungarian affiliate by the Vienna-based Niederösterreichische Escompte-Gesellschaft, which for that purpose took over the local private banking house of C.J. Malvieux. In 1881, it received further investment from a group of investors formed by Vienna's Unionbank and France's Société Générale and Banque de Paris et des Pays-Bas. It expanded into merchant banking in the 1870s and took over several major warehouses in the 1880s. Like other Hungarian universal banks, it took ownership stakes in major utilities and industrial companies. It also participated in the issuance of loans by the Hungarian state and the city of Budap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Palazzo Dorottya
A palace is a grand residence, especially a royal residence, or the home of a head of state or some other high-ranking dignitary, such as a bishop or archbishop. The word is derived from the Latin name palātium, for Palatine Hill in Rome which housed the Roman Empire, Imperial residences. Most European languages have a version of the term (''palais'', ''palazzo'', ''palacio'', etc.), and many use it for a wider range of buildings than English. In many parts of Europe, the equivalent term is also applied to large private houses in cities, especially of the aristocracy; often the term for a large country house is different. Many historic palaces are now put to other uses such as parliaments, museums, hotels, or office buildings. The word is also sometimes used to describe a lavishly ornate building used for public entertainment or exhibitions such as a movie palace. A palace is distinguished from a castle while the latter clearly is fortified or has the style of a fortification ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
