Netherlands Indies Guilder
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Netherlands Indies Guilder
The Netherlands Indies guilder (Dutch: ''Nederlands-Indische gulden'', Malay- Van Ophuijsen spelling: ''Roepiah Hindia-Belanda'') was the unit of account of the Dutch East Indies from 1602 under the United East India Company (), following Dutch practice first adopted in the 15th century (guilder coins were not minted in the Netherlands between 1558 and 1681 and none circulated in the Indies until a century later). A variety of Dutch, Spanish and Asian coins were in official and common usage. After the collapse of the VOC at the end of the 18th century, control of the islands reverted to the Dutch government, which issued silver 'Netherlands Indies' guilder and fractional silver and copper coins until Indonesian independence in 1945. History Prior to European contact A number of forms of payment were found throughout the archipelago prior to European contact. Stamped gold and silver masa and kupang date from the 9th century, with later coins substantially debased, with 13th-cen ...
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Bank Of Java
The Bank of Java (, abbreviated as DJB) was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks (the Netherlands Trading Society, the Nederlandsch-Indische Handelsbank, and the Nederlandsch-Indische Escompto Maatschappij). It was both a note-issuing bank and a commercial bank. Background The first bank founded in the Indonesian archipelago was the , established in 1746, to support trading activity. In 1752, it was renamed (), and was given a mandate to extend loans to employees of the Dutch East India Company. In 1818, that institution closed as a consequence of financial crisis. Dutch colonial period King William I of the Netherlands granted the right to create a pr ...
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