Deutsch-Asiatische Bank

The German - Asian Bank (Chinese德华 银行, pinyin Dé huá Yin Hang, German - Chinese Bank ') was a German commercial bank headquartered in Shanghai in Imperial China. It maintained offices in China ( Tientsin, Tsingtao, Hankow, Hong Kong, Tsinanfu, Beijing, Canton), Japan ( Yokohama, Kobe ), India ( Calcutta) and Singapore.

The bank was founded on the initiative of the Foreign Office on February 12, 1889 with a registered capital of 5 million Shanghai taels. The founding consortium consisted of the following thirteen major and private banks: Disconto Society, p Bleichröder, German bank Berliner Handels -Gesellschaft, Jacob SH ship, North German bank Mendelssohn & Co., Robert Warschauer & Co., Darmstadt Bank for Trade and industrial, MA Rothschild & sons, Royal Norwegian Oppenheim and Bavarian mortgage and Exchange Bank. You should on the one hand and involved in trade between Germany and East Asia, but on the other hand also join in the Chinese railway business and invest in steamships. Its main operations include drawing Chinese government bonds. Together with British and French banks, they financed Chinese railway projects. The German - Asian bank paid the German Reich for the concession 1 % per annum of the average annual banknotes in circulation. She received in 1906 the concession for the issue of treasury bills in China. As a result of the turmoil of the First and the Second World War the banking network were smashed and set the banking activities.

In 1953, the German - Asian Bank 's activities in Hamburg again, under the leadership of Deutsche Bank. Together with partner banks of the EBIC group founded "European- Asian bank" then, in which merged the German - Asian bank. Later, this foundation was renamed " European Asian Bank ". After most of the partner banks had withdrawn from the European Asian Bank, was renamed before it was 1987/88 fused together with their 14 branches with Deutsche Bank this 1986 " German Bank (Asia ) ".

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