State Bank Of Morocco
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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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3 Volney
3 (three) is a number, numeral and digit. It is the natural number following 2 and preceding 4, and is the smallest odd prime number and the only prime preceding a square number. It has religious or cultural significance in many societies. Evolution of the Arabic digit The use of three lines to denote the number 3 occurred in many writing systems, including some (like Roman and Chinese numerals) that are still in use. That was also the original representation of 3 in the Brahmic (Indian) numerical notation, its earliest forms aligned vertically. However, during the Gupta Empire the sign was modified by the addition of a curve on each line. The Nāgarī script rotated the lines clockwise, so they appeared horizontally, and ended each line with a short downward stroke on the right. In cursive script, the three strokes were eventually connected to form a glyph resembling a with an additional stroke at the bottom: ३. The Indian digits spread to the Caliphate in the 9th ...
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Tangier
Tangier ( ; ; ar, طنجة, Ṭanja) is a city in northwestern Morocco. It is on the Moroccan coast at the western entrance to the Strait of Gibraltar, where the Mediterranean Sea meets the Atlantic Ocean off Cape Spartel. The town is the capital of the Tanger-Tetouan-Al Hoceima region, as well as the Ṭanja-Aẓila Prefecture of Morocco. Many civilisations and cultures have influenced the history of Tangier, starting from before the 10th centuryBCE. Between the period of being a strategic Berber town and then a Phoenician trading centre to Morocco's independence era around the 1950s, Tangier was a nexus for many cultures. In 1923, it was considered as having international status by foreign colonial powers and became a destination for many European and American diplomats, spies, bohemians, writers and businessmen. The city is undergoing rapid development and modernisation. Projects include tourism projects along the bay, a modern business district called Tangier City Cent ...
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Treaty Between France And Spain Regarding Morocco
The Treaty between France and Spain regarding Morocco was signed on 27 November 1912 by French Third Republic, French and Restoration (Spain), Spanish heads of state, establishing ''de jure'' a Spanish Zone of influence in northern and southern Morocco, both zones being ''de facto'' under Spanish control,Treaty Between France and Spain Regarding Morocco', in: The American Journal of International Law, vol.7, no.2, Apr. 1913 while France was still regarded as the protecting power as it was the sole occupying power to sign the Treaty of Fez. The northern part was to become the zone of the Spanish protectorate in Morocco with its capital in Tetuan, while the Cape Juby, southern part was ruled from El Aiun as a buffer zone between the Spanish Spanish Sahara, Colony of Rio de Oro and French Protectorate in Morocco, French Morocco. Signing The treaty was signed by the Spanish Manuel García Prieto, Marquis of Alhucemas, García Prieto and the French ambassador Léon Geoffray at the ...
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Sultan Of Morocco
This is the list of rulers of Morocco, since the establishment of the state in 789. The common and formal titles of these rulers has varied, depending on the time period. Since 1957, the designation King has been used. The present King of Morocco is Mohammed VI of the 'Alawi dynasty, since 23 July 1999. Idrisid dynasty Almoravid dynasty Almohad dynasty Marinid dynasty Idrisid interlude * Muhammad ibn Ali Idrisi-Joutey (1465 – 1471) Wattasid dynasty Saadi dynasty Dila'i interlude * Muhammad al-Hajj ad-Dila'i (1659 – 1663) 'Alawi dynasty 1631 – 1957: 'Alawi sultans of Morocco 1957 – present: 'Alawi kings of Morocco Royal Standard File:Royal standard of Morocco.svg, Royal Standard of Morocco. See also * fr:Liste des souverains de la dynastie Alaouite * Succession to the Moroccan throne *History of Morocco *Politics of Morocco References {{DEFAULTSORT:List Of Rulers Of Morocco Rulers Rulers Rulers Morocco Morocco Morocco (),, ) ...
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Moroccan Rial
The rial was the currency of Morocco between 1882 and 1921. It was subdivided into 10 ''dirham'', each of 50 ''mazunas''. History The rial was introduced when Morocco adopted a modern style coinage in 1882. It replaced a system consisting of copper falus, silver ''dirham'' and gold ''benduqi''. In Spanish Morocco, the rial was replaced by the Spanish peseta in 1912 at a rate of 1 rial = 5 pesetas. In French Morocco, the rial was replaced in 1921 by the franc at a rate of 1 rial = 10 francs. Coins In 1882, silver , 1, 2 and 5 dirham and 1 rial coins were issued whilst, in 1902, bronze 1, 2, 5 and 10 mazunas were introduced. Although there were several design changes, these denominations remained otherwise unchanged until 1921. Banknotes The only paper money issued denominated in rial were issued by the State Bank of Morocco between 1910 and 1917. These were also denominated in francs, with denominations of 4 rials (40 francs) and 20 rials (200 francs). See also * Falus * Morocca ...
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Skandinaviska Banken
Skandinaviska Banken, literally the ''Scandinavian Bank'', was a Swedish bank founded in Gothenburg, 1864. Its foundation coincided with the political aspirations of the Scandinavian movement, which sought to unite Sweden, Norway and Denmark into a single kingdom. Even if these aspirations came to naught, there was a Scandinavian Monetary Union, with a common currency, and a union between Sweden and Norway, that the bank potentially would be able to exploit. The bank was founded as Skandinaviska Kreditaktiebolaget, which roughly translates to "Scandinavian Credit Ltd.". During the early 1900s the bank underwent rapid expansion through the following mergers: Industrikreditaktiebolaget i Stockholm in 1907, Skånes Enskilda Bank in 1910, and Sveriges Privata Centralbank in 1917. Furthermore, Skandinaviska Banken acquired Örebro Enskilda Bank in 1918, and Skånska Handelsbanken in 1919. Skandinaviska Kreditaktiebolaget, as it was known as at the time, was the main bank of Swedis ...
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Bank Of Spain
The Bank of Spain ( es, link=no, Banco de España) is the central bank of Spain. Established in Madrid in 1782 by Charles III of Spain, Charles III, today the bank is a member of the European System of Central Banks and is also Spain's national competent authority for banking supervision within the Single Supervisory Mechanism. Its activity is regulated by the Bank of Spain Autonomy Act. History Originally named the ''Banco Nacional de San Carlos'', it was founded in 1782 by Charles III of Spain, Charles III in Madrid, to stabilize government finances through its state bonds (''vales reales'') following the American Revolutionary War in which Spain gave military and financial support to the Thirteen Colonies. Although it aided the state, the bank was initially owned privately by stockholders. Its assets included those of "Spanish capitalists, French rentiers, and several treasuries of Indian communities in New Spain" (colonial Mexico). Its first director was French banker Fran ...
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Banque Du Nord
The Russo-Asiatic Bank (russian: Русско-Азиатский банк, french: Banque russo-asiatique, Traditional Chinese: 俄亞銀行) was a major Russian bank between 1910 and 1917. It was formed in 1910 through the merger of the Russo-Chinese Bank, with activities in Russia, China and Central Asia, and the Banque du Nord ("Northern Bank", russian: Северный банк), a large domestic Russian bank. By 1914, it was the largest Russian bank by total assets. In late 1917, it was nationalized by the Soviet government. Its activities in Europe and China lingered for a while, but were eventually liquidated in 1926. Banque du Nord The Banque du Nord was created by France's Société Générale bank in 1901 as a fully-owned subsidiary to develop a retail and commercial banking activity in Russia in the context of increasingly close Franco-Russian Alliance. By 1909 it had about fifty branches in Russia, including particularly active ones in Kharkiv to finance the industr ...
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Banco De Portugal
The Banco de Portugal (English: Bank of Portugal) is the central bank of the Portuguese Republic. The bank was founded by royal charter in 1846, during the reign of Queen Maria II of Portugal, by a merger of the '' Banco de Lisboa'' (Bank of Lisbon), the first bank founded in Portugal, and the ''Companhia Confiança Nacional'' (National Insurance Company), making it one of the oldest banks in continuous operation in the world. It is a full member of the Eurosystem and the European System of Central Banks. History Foundation Queen Maria II of Portugal established the bank by royal charter on 19 November 1846 to act as a commercial bank and issuing bank, it came about as the result of a merger of the Banco de Lisboa, the first bank founded in Portugal, and the Companhia de Confiança Nacional, an investment company specialised in the financing of the public debt. The bank was designated by the Portuguese Crown as the emitter of legal tender, at the time the Portuguese real, wh ...
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Netherlands Trading Society
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 headquar ...
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Bank Of Italy
The Bank of Italy (Italian: ''Banca d'Italia'', informally referred to as ''Bankitalia''), (), is the central bank of Italy and part of the European System of Central Banks. It is located in Palazzo Koch, via Nazionale, Rome. The bank's current governor is Ignazio Visco, who took the office on 1 November 2011. Functions After the charge of monetary and exchange rate policies was shifted in 1998 to the European Central Bank, within the European institutional framework, the bank implements the decisions, issues euro banknotes and withdraws and destroys worn pieces. The main function has thus become banking and financial supervision. The objective is to ensure the stability and efficiency of the system and compliance with rules and regulations; the bank pursues it through secondary legislation, controls and cooperation with governmental authorities. Following a reform in 2005, which was prompted by takeover scandals, the bank has lost exclusive antitrust authority in the credit ...
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