Rotterdamsche Bank
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The Rotterdamsche Bank, known from 1911 to 1947 as Rotterdamsche Bankvereeniging or Robaver, was a significant bank in the
Netherlands , Terminology of the Low Countries, informally Holland, is a country in Northwestern Europe, with Caribbean Netherlands, overseas territories in the Caribbean. It is the largest of the four constituent countries of the Kingdom of the Nether ...
, founded in 1863. In 1964, it merged with
Amsterdamsche Bank The Amsterdamsche Bank was a significant bank in the Netherlands, founded in 1871. In 1964, it merged with Rotterdamsche Bank to form AMRO Bank (for AMsterdamsche & ROtterdamsche). Overview Amsterdamsche Bank was established on by a group of ...
to form
AMRO Bank The AMsterdamsche en ROtterdamsche Bank (AMRO Bank, ) was a major Dutch bank that was created in 1964 by the merger of the Amsterdamsche Bank (est. 1871) and the Rotterdamsche Bank (est. 1863). In 1991, it merged with Algemene Bank Nederland ( ...
(for AMsterdamsche & ROtterdamsche).


Overview

The Rotterdamsche Bank was established on by a group of businessmen and bankers, who took inspiration from the British Colonial Bank and aimed at financing trade and investment in the
Dutch East Indies The Dutch East Indies, also known as the Netherlands East Indies (; ), was a Dutch Empire, Dutch colony with territory mostly comprising the modern state of Indonesia, which Proclamation of Indonesian Independence, declared independence on 17 Au ...
. After a difficult start, however, the bank soon focused on domestic business. Between 1911 and 1947 it was known as the Union Bank of Rotterdam (, abbreviated as Robaver), following its 1911 acquisition of Rotterdam competitor (est. 1900) and soon afterwards of Amsterdam brokers (est. 1765). Under the leadership of its ambitious managing director , it went on to acquire a number of local banks, but became overextended and had to be restructured under the aegis of
De Nederlandsche Bank De Nederlandsche Bank (, , abbr. DNB) is the national central bank for the Netherlands within the Eurosystem. It was the Dutch central bank from 1814 to 1998, issuing the guilder. Since 2014, it has also been the country's national competent au ...
in the mid-1920s. In 1928, it created the ("Women's Bank"), a bank targeted at a female customer base that lasted until 1971. In 1960, Rotterdamsche Bank acquired
Nationale Handelsbank The ''Nederlandsch-Indische Handelsbank'' (NIHB, ) was a Dutch bank established in 1863 to finance trade between the Netherlands and the Dutch East Indies. During most of the colonial period, it was the second-largest of the “big three” comm ...
, a major former colonial bank that had been known until 1950 as the Dutch-Indian Trade Bank (, NIHB; est. 1863). File:De Rotterdamsche Bank bij de Boompjes 1903 - 1907.jpg, Pre-World War II Rotterdamsche Bank head office on the waterfront thoroughfare, ca. 1905 File:Overzicht - Amsterdam - 20020528 - RCE.jpg, Branch on
Rokin The Rokin is a canal and major street in the centre of Amsterdam. The street runs from Muntplein, Amsterdam, Muntplein square to Dam Square, Dam square. The Rokin canal used to run from Muntplein square to Dam Square, but in 1936, the part between ...
in Amsterdam, 1979 (demolished since then) File:ABN Amro Kneuterdijk.JPG, Former branch building at Kneuterdijk 8,
The Hague The Hague ( ) is the capital city of the South Holland province of the Netherlands. With a population of over half a million, it is the third-largest city in the Netherlands. Situated on the west coast facing the North Sea, The Hague is the c ...
File:Rotterdamsche Bank Oosthaven Gouda.jpg, in Gouda


See also

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Rabobank Rabobank (; full name: ''Coöperatieve Rabobank U.A.'') is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Raboban ...


References

Defunct banks of the Netherlands Banks established in 1863 ABN AMRO {{bank-stub