Prussian Central-Bodenkredit-AG

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Former commercial building of the bank, Unter den Linden 26

The Preußische Central-Bodenkredit-AG (spelling from 1901 : Preußische Zentral-Bodenkredit AG ) was a German mortgage bank . It was founded in 1870 and existed in this form until 1930.

history

Due to the Prussian normative provisions for mortgage banks issued in 1863, their operation was severely hindered. Most of the institutes of this type were therefore established outside of Prussia. The Frankfurter Hypothekenbank and the Preußische Central-Bodenkredit-AG were excluded from the regulations.

The bank was founded as a mortgage bank in Berlin in 1870 after several years of preparation . The fact that this succeeded was not least thanks to the support of the Prussian Prime Minister Otto von Bismarck , whom the banker Gerson Bleichröder had won for the project. The model was the French Crédit Foncier. The founders included u. a. Abraham and Simon Oppenheim . One of the co-founders was Adolph von Hansemann and the Disconto-Gesellschaft, which he led . This was always represented on the bank's supervisory board. Other members of the founding consortium were Gerson Bleichröder, the Frankfurt and Paris branches of the Rothschild family and Crédit Foncier. Hansemann and Oppenheim became the head of the supervisory board. Immediately after it was founded, the bank was included in the Prussian and Reich loan consortium (see Prussia consortium ). With 2.9% of the shares, the institute was one of the smaller partners. By 1872 the bank was able to issue mortgage Pfandbriefe worth 22 million marks.

At times, the Preussische Central-Bodenkredit-AG was the largest real estate credit institute in Germany and the largest stock corporation for agricultural loans. It issued mortgage Pfandbriefe and was mainly used by large landowners and large farmers. The bank was important for the mobilization of West German capital for the agrarian Prussian eastern provinces. This relieved the various Prussian landscapes . In contrast, the Prussian Central-Bodenkredit-AG did not play a significant role in the German-Polish “fight for the land”, i.e. H. in the settlement of German immigrants in the provinces of Posen and West Prussia, supported by the Prussian settlement commission .

In 1930, the Prussian Central-Bodenkredit-AG was taken over by the Prussian Pfandbriefbank AG. In the same year this was renamed in Deutsche Centralbodenkredit-AG. In 1947 the company was relocated to Oldenburg and later to Cologne .

The legal successor is Hypothekenbank Frankfurt .

Bank building

Wilhelm Neumann constructed a building for the Prussian Central-Bodenkreditbank on the property at Unter den Linden 34 (today Unter den Linden 15) from 1871 to 1872, which the bank used until 1914, when it was transferred to Disconto-Gesellschaft. From 1910 to 1914, Richard Bielenberg & Josef Moser erected a new five-story building on the property at Unter den Linden 48/49 (today Unter den Linden 26 ) . The building at Unter den Linden 15 no longer exists. The building at Unter den Linden 26 is a listed building.

literature

  • Erich Achterberg: One hundred years of the Deutsche Hypothekenbank. On the nature and development of private mortgage banks in Germany . Deutsche Hypothekenbank, Bremen 1962, p. 55 ff.

Web links

Individual evidence

  1. ^ Eckhard Wandel: Banks and Insurance in the 19th and 20th Century . Munich 1998, p. 16 ( online in the Google book preview).
  2. ^ Fritz Stern : Gold and iron. Bismarck, Bleichröder, and the building of the German empire . Knopf, New York 1977, p. 103.
  3. ↑ Sal. Oppenheim jr. & Cie., P. 4, on the website of the Historical Institute of Deutsche Bank, accessed on January 2, 2016
  4. ^ Biography of Adolph von Hansemann
  5. ^ Werner Reiter: The federal bond consortium in connection with the overall economy, the state, banks and the capital market . Wiesbaden 1967, p. 98f.
  6. ↑ Hans-Ulrich Wehler : German history of society , Vol. 3: From the "German double revolution" to the beginning of the First World War, 1849-1914. CH Beck, Munich, 2nd edition 2006, ISBN 3-406-32263-8 , pp. 90f. and 698.
  7. ↑ Joachim Mai: The Prussian-German Poland Policy 1885/1887. A study on the development of imperialism in Germany (= publications by the Historical Institute of the Ernst-Moritz-Arndt University, Greifswald , vol. 1). Rütten & Loening, Berlin 1962, p. 129.
  8. ↑ Stanisław Salmonowicz: Prussia. History of State and Society . Martin Opitz Library Foundation, Herne 1995, ISBN 3-923371-13-6 , p. 344.
  9. ↑ Lech Trzeciakowski: Pod pruskim zaborem 1850-1918 . Wiedza Powszechna, Warsaw 1973, p. 183f.
  10. ^ Tadeusz von Jackowski: The peasant property in the province of Posen in the 19th century . Veit, Leipzig 1914, p. 79.
  11. ^ Gerhard Müller: Bank Lexicon. Concise dictionary for banking and savings banks . Gabler, Wiesbaden 1953, p. 615.
  12. ^ Uwe Kieling: Berlin building officials and state architects in the 19th century , Berlin, 1986, p. 68
  13. ^ Entry in the Berlin district lexicon, center
  14. ^ Prussian Central Bodenkredit AG in the state monument list