Böhmische Industriebank

The Böhmische Industriebank (Czech: Česká průmyslová banka, lit.'Czech Industrial Bank') was a Czech bank based in Prague, founded in 1898. By 1914, it was among the three largest banks in the Czech lands.[1] The bank came to an end in 1943 when it was merged with Živnostenská Banka.

Böhmische Industriebank
Company typePrivate company
IndustryFinancial services
Founded1898 (1898)
Defunct1943 (1943)
FateForcible merged
SuccessorŽivnostenská Banka
Headquarters,
ProductsBanking services

Overview

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The bank's creation in 1898 was supported by the Czech National Economic Society (Czech: Česká společnost národohospodářská), with the aim of providing better credit conditions for industrial development in the country. It took over several local banks in the early 1920s. In 1943, it was forcibly merged into Živnostenská Banka under orders from the German occupation authorities.[2]

See also

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References

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  1. ^ Robert Luft (2020). "Politiker und Banken: Zur Rolle des Finanzsektors für tschechische Parlamentarier in der späten Habsburgermonarchie". In Catherine Horel (ed.). Nations, cultures et sociétés d'Europe centrale aux XIXe et XXe siècles - Mélanges offerts à Bernard Michel. Paris: Éditions de la Sorbonne.
  2. ^ "Czech Industrial Bank in Prague". Czech National Bank.