Böhmische Industriebank Explained

Böhmische Industriebank
Type:Private company
Industry:Financial services
Fate:Forcible merged
Successor:Živnostenská Banka
Hq Location City:Prague
Hq Location Country:Czech Republic
Products:Banking services

The Böhmische Industriebank (Czech: Česká průmyslová banka,) was a Czech bank based in Prague, founded in 1898. By 1914, it was among the three largest banks in the Czech lands.[1] 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 (Czech: Česká společnost národohospodářská), 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.[2]

See also

Notes and References

  1. Politiker und Banken: Zur Rolle des Finanzsektors für tschechische Parlamentarier in der späten Habsburgermonarchie . Robert Luft . Nations, cultures et sociétés d'Europe centrale aux XIXe et XXe siècles - Mélanges offerts à Bernard Michel . Catherine Horel . Éditions de la Sorbonne . Paris . 2020.
  2. Web site: Czech National Bank . Czech Industrial Bank in Prague.