German-Asian Bank

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Headquarters of the German-Asian Bank in Shanghai
Branch in Tsingtau
Beijing branch
German-Asian Bank shares from January 31, 1900

The German-Asian Bank ( Chinese  德華 銀行 , Pinyin Dé huá yín háng  - "German-Chinese Bank") was a German commercial bank headquartered in Shanghai in the Chinese Empire . It had branches in China ( Tientsin , Tsingtau , Hankow , Hong Kong , Tsinanfu , Beijing , Canton ), Japan ( Yokohama , Kobe ), India ( Calcutta ) and Singapore .

history

The bank was founded at the instigation of the Foreign Office on February 12, 1889 with a share capital of 5 million Shanghai Taels . The founding consortium consisted of the following thirteen large and private banks: Disconto-Gesellschaft , S. Bleichröder , Deutsche Bank , Berliner Handels-Gesellschaft , Jacob SH Stern , Norddeutsche Bank , Mendelssohn & Co. , Robert Warschauer & Co. , Darmstädter Bank für Handel and Industry , MA from Rothschild & Sons , Preußische Seehandel , Sal. Oppenheim and Bayerische Hypotheken- und Wechselbank . On the one hand, it was intended to serve trade between Germany and East Asia, but on the other hand, it was also intended to enter the Chinese railway business and invest in steamers. One of her main activities was the drawing of Chinese government bonds . Together with English and French banks, she financed Chinese railway projects. The German-Asian Bank paid the German Reich 1% of the average annual banknotes in circulation for the concession. In 1906 it was granted a license to issue its own banknotes in China. As a result of the turmoil of the First and Second World Wars , the banking network was dismantled and banking activities ceased.

In 1953 the German-Asian Bank resumed its activities in Hamburg , under the leadership of Deutsche Bank . Together with partner banks of the EBIC group, the “European-Asian Bank” was then founded, into which the German-Asian Bank was merged. This new establishment was later renamed "European Asian Bank". After most of the partner banks had withdrawn from the European Asian Bank, it was renamed "Deutsche Bank (Asia)" in 1986, before it was merged with Deutsche Bank in 1987/88 along with its 14 branches.

Members of the supervisory board, according to the general assembly on September 21, 1928

Died during the term of office as a member of the Supervisory Board:

Resigned from their position as a member of the Supervisory Board:

literature

Web links

Commons : Deutsch-Asiatische Bank  - Collection of images, videos and audio files