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).[1]

Overview

Amsterdamsche Bank was established on 1871/12/05 by a group of mainly German investors led by the Bank für Handel und Industrie (Darmstadt), in the context of German financial expansion following its victory of the Franco-Prussian War. It expanded rapidly from its base in Amsterdam to other cities in the Netherlands. In 1948 it took over Incasso Bank (est. 1891),[2] which it fully absorbed in 1956.[3]

Its elegant Art Nouveau head office building on Herengracht 597–601, designed by Eduard Cuypers and completed in 1897, was demolished in 1966. A subsequent Amsterdamsche Bank Head Office on Rembrandtplein, designed by Bert Johan Ouëndag and completed in 1932, is a notable Art Deco landmark of Amsterdam.[4]

See also

References

  1. Bigness Sought by Dutch Banks; Merger of 4 Units Into Two Aimed at Competition New York Times, 1964/07/06^
  2. Two Dutch Banks Agree to Merger; Amsterdamsche, Incasso to Cut Combined Capital of 85,000,000 Guilders to 70,000,000 New York Times, 1947/10/11^
  3. ABN AMRO Historisch Archief. Amsterdamsche Bank, 1871-1964^
  4. Simon Lelieveldt. Rembrandtsplein: Amsterdamsche Bank, Incasso Bank, Amro-bank, ABN AMRO Bank Financial History of Amsterdam, 2011/08/26^
  5. Amsterdamsche Incasso Bank Kraaijvanger Architects^