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Bodencreditanstalt
The ''Allgemeine Bodencreditanstalt'' or ''Boden-Credit-Anstalt'' (, , also known as Bodencredit or simply "Boden") was an Austrian bank based in Vienna, created in 1863 and absorbed in 1929 by its main competitor the Creditanstalt following its 1927 acquisition of two smaller troubled banks, Verkehrsbank and Unionbank. Bodencreditanstalt The bank was established in 1863 as , by agroup of financiers including Simon Sinas. It had strong aristocratic connections, and also managed money for the Habsburg family. It was initially involved in mortgage credit, for which it became a dominant provider, and lending to industry and infrastructure projects such as railway construction. Following the Austrian financial crisis of 1873, it had to be rescued by emergency financial assistance from the Imperial government, which it reimbursed in 1875. From 1899 on, it also developed a significant portfolio of equity stakes in manufacturing businesses, including the textile industry. Unlike othe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Anglo-Austrian Bank
The Anglo-Österreichische Bank (), in shorthand Anglobank, was a bank founded in Vienna in 1863 with an extensive branch network in the Habsburg Monarchy and later in its successor states, primarily First Austrian Republic, Austria and Czechoslovakia. Following the collapse of the monarchy, the Anglobank came under the control of the Bank of England, and in 1921, its head office was moved to London where it was restructured as the Anglo-Austrian Bank. In 1926, it was renamed Anglo-International Bank to reflect the sale that year of most of its Austrian activities to Creditanstalt. As a consequence, the Anglo-International Bank became one of the Creditanstalt's main shareholders, and played a role in the internationally consequential collapse of Creditanstalt in 1931. After 1933, Anglo-International Bank stopped making new commitments. It remained formally in business until 1951, and was eventually liquidated in 1962. In Czechoslovakia, the former Anglobank branches were restruc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
