Böhmische Industriebank
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Böhmische Industriebank
The Böhmische Industriebank (, ) was a Czech bank based in Prague, founded in 1898. By 1914, it was among the three largest banks in the Czech lands. The bank came to an end in 1943 when it was merged with Živnostenská Banka. Overview The bank's creation in 1898 was supported by the Czech National Economic Society (), with the aim of providing better credit conditions for industrial development in the country. It took over several local banks in the early 1920s. In 1943, it was forcibly merged into Živnostenská Banka under orders from the German occupation authorities. See also * Böhmische Union Bank * Böhmische Escompte-Bank * Anglo-Czechoslovak and Prague Credit Bank The Anglo-Czechoslovak and Prague Credit Bank (, ), also known as Anglobanka, was the second-largest bank in Czechoslovakia during the 1930s. It resulted from the merger in 1930 of three Prague-based banks: * the Anglo-Czechoslovak Bank (also A ... References Defunct banks of Czechoslovakia Banks ...
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Prague
Prague ( ; ) is the capital and List of cities and towns in the Czech Republic, largest city of the Czech Republic and the historical capital of Bohemia. Prague, located on the Vltava River, has a population of about 1.4 million, while its Prague metropolitan area, metropolitan area is home to approximately 2.3 million people. Prague is a historical city with Romanesque architecture, Romanesque, Czech Gothic architecture, Gothic, Czech Renaissance architecture, Renaissance and Czech Baroque architecture, Baroque architecture. It was the capital of the Kingdom of Bohemia and residence of several Holy Roman Emperors, most notably Charles IV, Holy Roman Emperor, Charles IV (r. 1346–1378) and Rudolf II, Holy Roman Emperor, Rudolf II (r. 1575–1611). It was an important city to the Habsburg monarchy and Austria-Hungary. The city played major roles in the Bohemian Reformation, Bohemian and the Protestant Reformations, the Thirty Years' War and in 20th-century history a ...
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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 ...
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Financial Services
Financial services are service (economics), economic services tied to finance provided by financial institutions. Financial services encompass a broad range of tertiary sector of the economy, service sector activities, especially as concerns financial management and consumer finance. The finance industry in its most common sense concerns commercial banks that provide market liquidity, derivative (finance), risk instruments, and broker, brokerage for large public company, public companies and multinational corporations at a macroeconomics, macroeconomic scale that impacts domestic politics and foreign relations. The extragovernmental power and scale of the finance industry remains an ongoing controversy in many industrialized Western economies, as seen in the American Occupy Wall Street civil protest movement of 2011. Styles of financial institution include credit union, bank, savings and loan association, trust company, building society, brokerage firm, payment processor, many ty ...
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Czech Republic
The Czech Republic, also known as Czechia, and historically known as Bohemia, is a landlocked country in Central Europe. The country is bordered by Austria to the south, Germany to the west, Poland to the northeast, and Slovakia to the southeast. The Czech Republic has a hilly landscape that covers an area of with a mostly temperate Humid continental climate, continental and oceanic climate. The capital and largest city is Prague; other major cities and urban areas include Brno, Ostrava, Plzeň and Liberec. The Duchy of Bohemia was founded in the late 9th century under Great Moravia. It was formally recognized as an Imperial Estate of the Holy Roman Empire in 1002 and became Kingdom of Bohemia, a kingdom in 1198. Following the Battle of Mohács in 1526, all of the Lands of the Bohemian Crown were gradually integrated into the Habsburg monarchy. Nearly a hundred years later, the Protestantism, Protestant Bohemian Revolt led to the Thirty Years' War. After the Battle of White ...
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Banking Services
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking (corporate banking). Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term ''commercial bank'' is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with ...
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Czech Lands
The Czech lands or the Bohemian lands (, ) is a historical-geographical term which denotes the three historical regions of Bohemia, Moravia, and Czech Silesia out of which Czechoslovakia, and later the Czech Republic and Slovakia, were formed. Together the three have formed the Czech part of Czechoslovakia since 1919, and the Czech Republic since 1 January 1993. In a historical context, Czech texts use the term to refer to any territory ruled by the Kings of Bohemia, i.e., the lands of the Bohemian Crown (') as established by Emperor Charles IV in the 14th century. This includes territories like the Lusatias (which in 1635 fell to Saxony) and the whole of Silesia, which at the time were all ruled from Prague Castle. Since the conquest of Silesia by the Prussian king Frederick the Great in the First Silesian War in 1742, the remaining lands of the Bohemian Crown—Bohemia, Moravia and Austrian Silesia—have been more or less co-extensive with the territory of the mod ...
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Böhmische Union Bank
The ''Böhmische Union-Bank'' (BUB, ) was a bank based in Prague, founded in 1872. One of the main commercial banks in History of Czechoslovakia (1918–1938), interwar Czechoslovakia, it was associated with the country's Germans in Czechoslovakia (1918–1938), German and History of the Jews in Czechoslovakia, Jewish communities. It was aryanization, aryanized in March 1939, nationalized without compensation in October 1945, and subsequently liquidated. The BUB had its head office from the start on the prestigious Na příkopě thoroughfare in central Prague, Nos.958-959, in a neoclassical building erected in the 1830s. In 1929, it demolished a building in the same block (No.574) to erect a more modern facility, but that project never came to fruition. In the Austrian-Hungarian Empire The Böhmische Union-Bank was established by conversion of the former Prague branch of Vienna-based Unionbank (Austria), Union-Bank, itself formed recently by merger, into a stand-alone institu ...
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Böhmische Escompte-Bank
The Böhmische Escompte-Bank (; ; ; BEB) was a significant Prague-based bank with branches in most major towns of Bohemia and, later, Czechoslovakia. In 1919 it was renamed Böhmische Escompte-Bank und Credit-Anstalt (BEBCA). Its name was changed back to in 1939, and it ceased activity in 1945. Austria-Hungary The was founded in 1863 with sponsorship from the Vienna-based Niederösterreichische Escompte-Gesellschaft, aiming at promotion of industry with a main clientele of German-speakers and Bohemian Jews. In 1901, it was wholly taken over by the Niederösterreichische Escompte-Gesellschaft. Czechoslovakia In 1919, the Niederösterreichische Escompte-Gesellschaft was expropriated under the Czechosolovak policy of "nostrification", and Prague-based Živnostenská banka became the bank's controlling shareholder. Also in 1919, the Böhmische Escompte-Bank took over the former operations of Creditanstalt (CA) in what had become Czechoslovakia, and had CA's former Prague branc ...
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Anglo-Czechoslovak And Prague Credit Bank
The Anglo-Czechoslovak and Prague Credit Bank (, ), also known as Anglobanka, was the second-largest bank in Czechoslovakia during the 1930s. It resulted from the merger in 1930 of three Prague-based banks: * the Anglo-Czechoslovak Bank (also Anglobanka, , ), created in 1922 from the former activities of Anglo-Austrian Bank in the country * the Prague Credit Bank ( or PÚB, ), originally established in 1870 as Credit Bank in Kolín () and relocated to Prague in 1899 * the Czech Commercial Bank (, ), established in 1921 from the former activities of Austria's Mercurbank Following the establishment of the Protectorate of Bohemia and Moravia, the merged entity was renamed the Anglo-Prague Credit Bank (, ) in 1939, then again Prague Credit Bank in 1940. It was nationalized in 1946 and eventually absorbed in 1948 by Živnostenská banka. Anglo-Czechoslovak Bank The Anglo-Austrian Bank opened a branch in Prague in 1880. Following the collapse of the Habsburg Monarchy in late 1918, ...
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Defunct Banks Of Czechoslovakia
Defunct may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ...
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