National Bank Of Haiti
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National Bank Of Haiti
The National Bank of Haiti (french: Banque Nationale d'Haïti) was a French bank founded in 1881 by Crédit Industriel et Commercial and headquartered in Paris to serve the Haiti indemnity obligation. It had a monopoly of currency issuance in Haiti, by concession from the Haitian government. Antoine Simon closed it in 1910, and it was succeeded by the National Bank of the Republic of Haiti, also established in Paris. Overview The National Bank of Haiti was conceived in the final stages of reimbursement of the notorious Haiti indemnity obligation that arose in the aftermath of the Haitian Revolution. It was the brainchild of President of Haiti Lysius Salomon, who in 1880 promoted the legislation (law of ) which created a 50-year concession for currency issuance and management of the country's finances. Crédit Industriel et Commercial (CIC), a French bank that had made a large loan of 36 million French Francs to Haiti in 1875, formed the National Bank in Paris in May 1881, and ap ...
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National Bank Of Haiti, Port-au-Prince
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator gui ...
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Port-au-Prince
Port-au-Prince ( , ; ht, Pòtoprens ) is the capital and most populous city of Haiti. The city's population was estimated at 987,311 in 2015 with the metropolitan area estimated at a population of 2,618,894. The metropolitan area is defined by the IHSI as including the communes of Port-au-Prince, Delmas, Cite Soleil, Tabarre, Carrefour and Pétion-Ville. The city of Port-au-Prince is on the Gulf of Gonâve: the bay on which the city lies, which acts as a natural harbor, has sustained economic activity since the civilizations of the Taíno. It was first incorporated under French colonial rule in 1749. The city's layout is similar to that of an amphitheater; commercial districts are near the water, while residential neighborhoods are located on the hills above. Its population is difficult to ascertain due to the rapid growth of slums in the hillsides above the city; however, recent estimates place the metropolitan area's population at around 3.7 million, nearly half of the ...
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Defunct Banks Of Haiti
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 Of Haiti
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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State Bank Of Morocco
The State Bank of Morocco (french: Banque d'État du Maroc) was a quasi-central bank established in 1907 following the Algeciras Conference, to stabilize the Moroccan currency and serve as a vehicle for European and especially French influence in the Sultanate of Morocco. Following the independence of Morocco, it was replaced in 1959 by the newly created , known since 1987 as Bank Al-Maghrib. History Background Projects for a bank that would stabilize the Moroccan monetary situation and promote trade and development in the Sultanate started being made in the 1880s, with various initiatives promoted by British, French, Tangier Jewish, and German businessmen and diplomats. From 1901 to 1905, the Banque de Paris et des Pays-Bas, simultaneously involved in the sovereign debt restructuring that led in 1904 to the creation of the Moroccan Debt Administration, worked with the French government to create a state bank that would be nominally placed under the authority of the Sultan bu ...
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Ottoman Bank
The Ottoman Bank ( tr, Osmanlı Bankası), known from 1863 to 1925 as the Imperial Ottoman Bank (french: Banque Impériale Ottomane, ota, بانق عثمانی شاهانه) and correspondingly referred to by its French acronym BIO, was a bank that played a major role in the financial history of the Ottoman Empire. By the early 20th century, it was the dominant bank in the Ottoman Empire, and one of the largest in the world. It was founded in 1856 as a British institution chartered in London, and reorganized in 1863 as a French-British venture with head office in Constantinople, on a principle of strict equality between British and French stakeholders. It soon became dominated by French interests, however, primarily because of the greater success of its offerings among French savers than British ones. In its early years, the BIO was principally a lender to the Ottoman government with a monopoly on banknote issuance and other public-interest roles, including all treasury operati ...
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Banque De L'Union Parisienne
The Banque de l'Union Parisienne (BUP) was a French investment bank, created in 1904 and merged into Crédit du Nord in 1973. History Société Française et Belge de Banque et d'Escompte From its inception, the Société Générale de Belgique (SGB) had a branch in Paris. This was later restructured as a banking subsidiary, called the (), of which the SGB held three-quarters of the capital. Banque Parisienne The was founded in 1874 and mainly engaged in discounting commercial paper. In the financial and economic crisis of the late 1880s, it ran into liquidity problems, which were resolved by an injection of cash from the Société Générale de Belgique. With this new partner, the Banque Parisienne moved into the business of launching and trading securities for French companies, mostly based in Paris, for companies in countries such as Portugal and China, and for governments. The business proved profitable, but the company lacked the capital needed for faster growth. Banq ...
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Frédéric Marcelin
Frédéric Marcelin (1848–1917) was a Haitian writer and politician. Born in Port-au-Prince, Marcelin was best known for the three novels ''Marilisse'' (1903), ''La Vengeance de Mama'' (1902), and ''Thémistocle Epaminondas Labasterre'' (1901). Along with his contemporaries Fernand Hibbert and Justin Lhérisson he worked to establish a uniquely Haitian novel. He also wrote an essay on the National Bank of Haiti, ''Haïti et sa Banque Nationale'' (1896), and another on the "Finance and Commerce Department", (''Le Départment des Finances et du Commerce d'Haïti'') (1896). He was Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ... 1892-1895 and 1905-1908. References * 1848 births 1917 deaths 20th-century Haitian novelists Foreign Ministers of Haiti ...
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Rue De La Victoire
The rue de la Victoire is a street in the 9th arrondissement of Paris. The former name of the street was "rue Chantereine", which means "singing frogs", after the many frogs in the area as the quarter was swampy. The street took the name "rue de la Victoire" in 1797 after the success of Napoleon's campaign in Italy. In 1816, during the Bourbon Restoration, the street changed its name, but the name was restored in 1833. Notable places * Paris' Grande Synagogue is at Number 44. * The former hôtel Beauharnais, from which Napoleon organized the coup of the 18 Brumaire lies on the street. * The Hotel Thellusson lay between the Rue de Provence and the Rue de la Victoire until its destruction in 1826. * At the junction with the Rue Joubert there is a townhouse designed by the architect François-Joseph Bélanger François-Joseph Bélanger (; 12 April 1744 – 1 May 1818) was a French architect and decorator working in the Neoclassic style. Life Born in Paris, Bélanger atten ...
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Crédit Industriel Et Commercial
The Crédit Industriel et Commercial (CIC, "Industrial and Commercial Credit Company") is a bank and financial services group in France, founded in 1859. It has been majority owned by Crédit Mutuel, one of the country's top five banking groups, since 1998, and fully owned since 2017. History Creation and independent development The was founded on , mainly on the initiative of banker who was supported by the politically influential Charles de Morny, Duke of Morny, Duke of Morny, as a competitor to the Pereire brothers's Crédit Mobilier on the model of successful British depository banks such as the London and Westminster Bank. The new bank was initially located in a hotel at 57, rue Taitbout, and in January 1860 purchased a mansion at 66, rue de la Chaussée d'Antin, in whose garden it erected a commercial building (no longer extant) that was completed in November 1861. That facility was accessible from No. 72, rue de la Victoire, and the CIC would remain known as the "bank ...
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Lysius Salomon
Louis Étienne Félicité Lysius Salomon (June 30, 1815 – October 19, 1888) was the President of Haiti from 1879 to 1888. Salomon is best remembered for instituting Haiti's first postal system and for his lively enthusiasm for Haiti's modernization. His daughter Ida Faubert was a French poet. He was also noted for being 6′6″ tall, and referred to having "physical proportions of a gladiator". Early life Salomon was born in 1815 in Les Cayes. His family was influential in the tiny black elite of the south. Prominent and educated, his family often clashed with the relatively more powerful mulatto elite of south Haiti. The Salomon family played an early role in the unrest that ultimately led to the overthrow of President Charles Rivière-Hérard, leading a brief uprising that was a precursor to the larger and more successful Piquet revolt. It was triggered by a disputed electoral assembly in the run-up to the adoption of the 1843 constitution. Salomon said that the local mu ...
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Haitian Revolution
The Haitian Revolution (french: révolution haïtienne ; ht, revolisyon ayisyen) was a successful insurrection by slave revolt, self-liberated slaves against French colonial rule in Saint-Domingue, now the sovereign state of Haiti. The revolt began on 22 August 1791, and ended in 1804 with the former colony's independence. It involved black, biracial, French, Spanish, British, and Polish participants—with the ex-slave Toussaint Louverture emerging as Haiti's most prominent general. The revolution was the only slave uprising that led to the founding of a state which was both free from Slavery in the Americas, slavery (though not from forced labour) and ruled by non-whites and former captives. It is now widely seen as a defining moment in the history of the Atlantic World. The revolution's effects on the institution of slavery were felt throughout the Americas. The end of French rule and the abolition of slavery in the former colony was followed by a successful defense of the ...
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