Deutsche Bank Für Ostasien
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Deutsche Bank Für Ostasien
The Deutsch-Asiatische Bank (DAB; ) was a foreign bank in Asia, founded in 1889 in Shanghai. Even though its owners were private-sector banks and its principal activity was trade financing, its role has been described as "quasi-governmental" in the service of the German Empire's influence strategies in East Asia. Together with English and French banks, it also played a role in the underwriting of bonds for the Chinese government, issuing the Kiautschou Dollar and financing of railway construction in China. History The Deutsch-Asiatische Bank was founded in the Shanghai International Settlement on 12 February 1889, at the initial initiative of the Disconto-Gesellschaft, and with the additional participation of all the other major German commercial banks of the time. Its initial capital, denominated in local taels, was divided between the Disconto-Gesellschaft (16.1 percent), Deutsche Bank (11.1 percent), S. Bleichröder (11.1 percent), Berliner Handels-Gesellschaft (9.4 perc ...
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Darmstädter Bank
The ''Bank für Handel und Industrie'' in Darmstadt, often referred to as ''Darmstädter Bank'', was a significant joint-stock bank in Germany, active from 1853 until its merger with Nationalbank für Deutschland to form Danat-Bank in 1922. Overview The ''Bank für Handel und Industrie'' was founded by Cologne bankers Wilhelm Ludwig Deichmann, Gustav Mevissen, Abraham Oppenheim and Victor Wendelstadt. It was established with a capital of 25 million guilders and modelled after the French bank Crédit Mobilier, in whose creation in 1852 Oppenheim had been involved and from which it secured backing for the new venture. The Darmstädter Bank received its banking concession on 2 April , and started operations shortly afterwards. It was thus the second universal bank in Germany founded as a joint-stock company (Aktiengesellschaft), after the A. Schaaffhausen'scher Bankverein in 1848. (The Disconto-Gesellschaft had been established in Berlin in 1851, but only became a joint-stock ...
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Singapore
Singapore, officially the Republic of Singapore, is an island country and city-state in Southeast Asia. The country's territory comprises one main island, 63 satellite islands and islets, and one outlying islet. It is about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south along with the Riau Islands in Indonesia, the South China Sea to the east, and the Straits of Johor along with the State of Johor in Malaysia to the north. In its early history, Singapore was a maritime emporium known as '' Temasek''; subsequently, it was part of a major constituent part of several successive thalassocratic empires. Its contemporary era began in 1819, when Stamford Raffles established Singapore as an entrepôt trading post of the British Empire. In 1867, Singapore came under the direct control of Britain as part of the Straits Settlements. During World ...
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