German association bank
| German association bank | |
|---|---|
| legal form | KGaA |
| founding | 1871 |
| resolution | 1929 |
| Reason for dissolution | Transfer to the Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft |
| Seat | Frankfurt am Main |
| management | Banking consortium |
| Branch | Banking and credit |
The German club KGaA was a bank in Frankfurt . The company was founded in 1871. Later some private banks in Frankfurt, Wiesbaden, Mainz and Hanau were taken over.
history
The Deutsche Vereinsbank was founded in 1871 by several German banks. The founding consortium was led by the Württembergische Vereinsbank in Stuttgart and the Rheinische Creditbank in Mannheim. In the 1880s, the Deutsche Vereinsbank entered into close relationships with the Wiener Bankverein and Deutsche Bank . Although the latter had a major influence on the company, it finally merged with Deutsche Effecten- und Wechsel-Beteiligungsgesellschaft in 1929 and was not taken over by Deutsche Bank.
Together with Anglo-Deutsche Bank and MMWarburg & CO from Hamburg, Deutsche Bank and EJ Meyer from Berlin and Anglo-Österreichische Bank from Vienna, the company co-founded the international building cooperative. A total of 10,000,000 thalers were made available for this. By 1873 the Deutsche Vereinsbank took over 62% of the share capital in this cooperative.
The Deutsche Vereinsbank issued several blocks of shares in different denominations between 1873 and 1921 . For example, in 1873 a 600 mark share with a calculated value of 350 guilders, 200 thalers or 750 francs.
literature
- Deutsche Vereinsbank (ed.): Revised statutes of A.-G. “Deutsche Vereinsbank”…. Frankfurt a. M., 1885, OCLC 46260999 .
- Deutsche Vereinsbank (Ed.): Reports. 51–57. Frankfurt a. M. 1920-1929, OCLC 822629582 . (Annual reports)
- Manfred Pohl : Philipp Holzmann . History of a construction company 1849–1999. CH Beck, Munich 1999, ISBN 3-406-45339-2 .
Individual evidence
- ↑ Auction description of historical securities (hwph.de)
- ↑ Auction description of historical securities (fhw-online.de)
- ^ A b Philipp Holzmann: History of a construction company 1849–1999. P. 38/39.
- ^ Historical securities on the history of German banking on gutowski.de, accessed on November 26, 2013.