National Bank for Germany

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The main administrative building of the National Bank for Germany , later the Darmstädter und Nationalbank in Berlin, Behrenstrasse, completed in 1907
The new building of the NfD (formerly Holstenbank) in Lübeck (1922)
Interior of the NfD in Lübeck (1922)

The Nationalbank für Deutschland AG was founded in Berlin in 1881 as a purely private banking company without a public mandate. It was initially located on Unter den Linden 2 , then from 1884 to 1907 at Vossstraße 34, and from 1907 onwards at Behrenstraße 68/69. The share capital, which at the beginning of 1889 was still 27 million marks (corresponds to 190 million euros today), rose to 105 million marks by 1914 (corresponding to 423 million euros). Between 1888 and 1922, she expanded her network of 'deposit kiosks and exchange offices' (branches) in the greater Berlin area from four to 29. The following services were offered to private customers: "Buying and selling securities, foreign notes and types of money. - Accounts, currencies, checks and deposits. - Issuance of checks and letters of credit in Germany and abroad. - Cashing of bills of exchange, of interest and dividend coupons. - Storage of securities with legal liability. - Safes "(advertisement in the Berlin address book from 1907). In 1906 she was involved in the founding of the Deutsche Orientbank .

In 1920 the 'National Bank for Germany' merged with the Bremer Deutsche Nationalbank , founded in 1871 , which had been active in the Ruhr area since the takeover of Nordwestdeutsche Bank AG in 1906. On this occasion it was converted from a stock corporation (AG) into a partnership limited by shares (KG a. A.).

In 1920/21 the 'National Bank for Germany' and the Darmstädter Bank for Trade and Industry formed the ' Darmstädter-Nationalbank Berlin banking community'. Both banks assumed a mutual guarantee for capital and reserves amounting to over a billion marks. The pictures on the right show a new branch opened in Lübeck in May 1922 . The newspapers there said at the time that the rooms were originally intended for a branch of the Darmstädter Bank . However, since the banks had formed an interest group, their interests in the Hanseatic city could be represented by the National Bank. The mutual efforts that the complete merger to Darmstädter und Nationalbank KG a. A. (Danat-Bank) was kept secret at the time.

Directors (from 1920: shareholders)

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  • Berlin address books 1882–1922.
  • Manfred Pohl: The history of the National Bank for Germany; in: Bank historical archive 1/1981.
  • Hjalmar Schacht: 76 years of my life; Bad Wörishofen: Kindler & Schiermeyer 1953.

Web links

Individual evidence

  1. ^ The new building of the National Bank for Germany (formerly Holstenbank) in Lübech. In: Von Lübeck's Towers , Volume 32, No. 10, Edition of May 13, 1922, pp. 37–40.