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Banque De Belgique
The ''Banque de Belgique'' () was a major bank in Belgium, founded in 1835 and eventually wound up in 1885 after experiencing multiple episodes of financial distress. Overview The Banque de Belgique was founded by liberal leader Charles de Brouckère on . The aim was to partly offset the financial dominance in the country of the Société Générale de Belgique which was viewed as not providing savings services to the broader Belgian population, and was also perceived as too much controlled by Dutch interests. was among the new bank's founding shareholders, alongside the French Banque Rothschild. De Brouckère presented the new bank as a philanthropic endeavor, in line with the savings banks movement. The two banks were in direct competition in some segments of their activity, including note issuance which was not yet a monopoly. Starting in 1837 the Banque of Belgique experienced financial difficulties, in the context of territorial disagreements between Belgium and the Net ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brussels
Brussels, officially the Brussels-Capital Region, (All text and all but one graphic show the English name as Brussels-Capital Region.) is a Communities, regions and language areas of Belgium#Regions, region of Belgium comprising #Municipalities, 19 municipalities, including the City of Brussels, which is the capital of Belgium. The Brussels-Capital Region is located in the central portion of the country. It is a part of both the French Community of Belgium and the Flemish Community, and is separate from the Flemish Region (Flanders), within which it forms an enclave, and the Walloon Region (Wallonia), located less than to the south. Brussels grew from a small rural settlement on the river Senne (river), Senne to become an important city-region in Europe. Since the end of the Second World War, it has been a major centre for international politics and home to numerous international organisations, politicians, Diplomacy, diplomats and civil servants. Brussels is the ''de facto' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Charles De Brouckère
Jonkheer Charles Joseph Marie Ghislain de Brouckère (; 18 January 1796 – 20 April 1860) was a Belgian nobleman, liberal politician and mayor of the City of Brussels. Life Born in Bruges, elder brother of future Prime Minister of Belgium Henri de Brouckère, Charles entered politics in the period when modern Belgium formed the southern part of the United Kingdom of the Netherlands. He worked as a banker in Maastricht and served as a representative for the province of Limburg in the Second Chamber of parliament. During the Belgian Revolution of 1830, De Brouckère was a member of the francophile and francophone party, which favoured annexation by France. In the newly independent Belgium, he served as Finance Minister, Interior Minister, and War Minister, for short periods in 1831. He taught as a professor at the Free University of Brussels, and in 1848 became burgomaster of Brussels, a post he held continuously until his death. He is interred at Brussels Cemetery. Legac ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank
A bank is a financial institution that accepts Deposit account, deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, regulation over banks. Most countries have institutionalized a system known as fractional-reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure accounting liquidity, liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but, in many ways, functioned as a continuation of ideas and concepts o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belgium
Belgium, officially the Kingdom of Belgium, is a country in Northwestern Europe. Situated in a coastal lowland region known as the Low Countries, it is bordered by the Netherlands to the north, Germany to the east, Luxembourg to the southeast, France to the south, and the North Sea to the west. Belgium covers an area of and has a population of more than 11.8 million; its population density of ranks List of countries and dependencies by population density, 22nd in the world and Area and population of European countries, sixth in Europe. The capital and Metropolitan areas in Belgium, largest metropolitan region is City of Brussels, Brussels; other major cities are Antwerp, Ghent, Charleroi, Liège, Bruges, Namur, and Leuven. Belgium is a parliamentary system, parliamentary constitutional monarchy with a complex Federation, federal system structured on regional and linguistic grounds. The country is divided into three highly autonomous Communities, regions and language areas o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Société Générale De Belgique
The ' (, ; often referred to in Belgium simply as "Société Générale" or SGB) was an investment bank and, subsequently, an industrial and financial conglomerate in Belgium between 1822 and 2003. It has been described as the world's first universal bank. The banking element was split in 1935 and became the '' Générale de Banque''. At its height in the late 19th and early 20th centuries, the Société Générale exercised significant control over large portions of the national economy of Belgium and the Belgian colonial empire. The Société Générale was originally founded as an investment bank called the or () by William I of the Netherlands in 1822 when Belgium was under his rule within the United Kingdom of the Netherlands. After the Belgian Revolution in 1830, it was the new country's dominant financial institution and remained so even after the creation of the National Bank of Belgium in 1850. Its investments in the national economy contributed to the rapid ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banque Rothschild
The Banque Rothschild, formally known as ''de Rothschild Frères'' () until 1967, was the family-controlled bank of the Rothschild banking family of France. It was established in 1817, expropriated by Vichy France in 1940, returned to the Rothschilds after the liberation of France in 1944, and nationalized in 1982 after which it operated under the name of its subsidiary () and was eventually sold in 1991 to Barclays. It played a major role in French financial development in the 19th century, and remained significant for much of the 20th century. History Jacob Mayer Rothschild, the youngest son of Mayer Amschel Rothschild, settled in Paris in 1812 where his name Jacob was translated to James. In 1817, he formally created the bank , whose partners were himself and his brothers Amschel of Frankfurt, Carl of Naples, Nathan of London and Salomon of Vienna. In 1822 the five brothers were awarded the hereditary title of Baron by Emperor Francis I of Austria, after which James ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings Bank
A savings bank is a financial institution that is not run on a profit-maximizing basis, and whose original or primary purpose is collecting deposits on savings accounts that are invested on a low-risk basis and receive interest. Savings banks have mostly existed as a separate category in Europe. Savings banks originated in late-18th century Europe as a development of the Enlightenment, and became a Europe-wide phenomenon in the first half of the 19th century. The trajectories of savings bank systems then diverged across European nations, variously leading to the formation of integrated banking groups, cohesive national networks, conversion into cooperative banking or commercial banking entities, and/or piecemeal consolidation with other credit institutions. In most countries, the surviving savings banks have private-sector status and no longer operate under a distinctive legislative framework; significant exceptions include Germany and Luxembourg, where savings banks are public ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Treaty Of London (1839)
The Treaty of London of 1839, was signed on 19 April 1839 between the major European powers, the United Kingdom of the Netherlands, and the Kingdom of Belgium. It was a direct follow-up to the 1831 Treaty of the XVIII Articles, which the Netherlands had refused to sign, and the result of negotiations at the London Conference of 1838–1839 which sought to maintain the Concert of Europe. Under the treaty, the European powers recognised and guaranteed the independence and neutrality of Belgium and established the full independence of the German-speaking part of Luxembourg. Article VII required Belgium to remain perpetually neutral. Following the German invasion of 1914, Belgium abandoned its policy of neutrality (except for a brief, unsuccessful resumption from 1936 to 1940). Background Since 1815, Belgium had been a reluctant part of the United Kingdom of the Netherlands. In 1830, Belgians broke away and established an independent Kingdom of Belgium. The overwhelmingly Cath ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jonathan-Raphaël Bischoffsheim
Jonathan-Raphaël Bischoffsheim (26 April 1808 – 5 February 1883) was a Belgian banker, businessman and philanthropist. Family He descended from the Bischoffsheim family, which was endowed with an exceptional European network. On 11 June 1832, he married Henriette Goldschmidt (1812–1892) in Brussels, and together they had four children: Claire (1833–1899), Regine (1834–?), Ferdinand Raphaël (1837–1909), and Hortense Henriette (1843–1901). Career In 1827, he co-founded the bank of ''Bischoffsheim & Goldschmidt''. He played an important role for the finances and the institutions during the early years of Belgian independence. Bisschoffsheim was a Director of the Banque de Belgique and was one of the founders of the National Bank of Belgium, the regional tramways and managed the Crédit Communal and the Caisse Générale d'Épargne et de Retraite. Together with his brother Louis-Raphaël Bischoffsheim (1800–1873), he founded the bank which eventually developed in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Tender
Legal tender is a form of money that Standard of deferred payment, courts of law are required to recognize as satisfactory payment in court for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which, when offered ("tendered") in payment of a debt, extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. It is generally only mandatory to recognize the payment of legal tender in the discharge of a monetary debt from a debtor to a creditor. Sellers offering to enter into contractual relationship, such as a contract for the sale of goods, do not need to accept legal tender and may instead contractually require payment using electronic methods, foreign currencies or any other legally recognized object of value. Coins and banknotes are usually defined as legal tender in many countries, but personal cheque, checks, credit c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
