Hermann Koch (banker)

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Hermann Koch (born October 18, 1814 in Jena ; † December 9, 1902 there ) was a German banker .

Life

Hermann Koch, the grandson of the businessman , court factor and founder of the company “W. Koch & Sohn “ Anton Wilhelm Friedrich Koch (1755–1820), came in 1814 as the son of the merchant Theodor Koch (1786–1863), who had headed the Koch company since 1814, as well as tobacco, chocolate, cigar and liqueur factories and lottery - and insurance company and since 1828 also worked as a bank agent, as well as the landowner's daughter Christiane Marie Elisabeth née Ludwig (1796–1831).

After attending the educational institution in Keilhau near Rudolstadt, Hermann Koch completed a commercial training in Gotha and Magdeburg . Koch then worked in Hamburg and Bremen , in 1840 he returned to Jena and joined his father's company, Bankhaus Koch , of which he took over sole management in 1845. After his father had already done his first banking transactions, Koch put this business at the center of his ventures. By the turn of the century , the deposits of the private customers of his bank had exceeded the million mark.

Hermann Koch married Karoline Christiane (1820–98), who was born in Eisenach , in 1845 , daughter of the postal controller Wilhelm Christian Walther. In 1875, Koch was appointed to the Council of Commerce and on the occasion of the 50th anniversary of the citizenship on July 16, 1890, he was made an honorary citizen of Jena: "in honor of his commercial prowess, his outstanding effectiveness in public life in our city and his foundation for the Michaeliskirche". In 1898 the newly built Koch-Strasse in Jena-West was named after him. After Koch's death, the sons Wilhelm and Rudolf continued to run the company. The head office on the corner of Saalstrasse and Schloßstrasse is used by Deutsche Bank today.

literature

Individual evidence

  1. Quotation from Jürgen Jache, Constanze Mann: Jena street names from A – Z (= series of the Jena City Archives, No. 7), Jena 2001, p. 132.