The Nationalbank für Deutschland (lit.'National Bank for Germany') was a significant joint-stock bank in Germany, founded in 1881 and merged in 1922 with Darmstädter Bank to form Darmstädter und Nationalbank, in shorthand Danat-Bank.[1]
Overview
The Nationalbank für Deutschland was founded in 1881 in Berlin, with sponsors including the Commerz- und Disconto-Bank, Anglo-Austrian Bank, Vienna's newly established Länderbank, the latter's affiliate Ungarische Landesbank, and Breslauer Disconto-Bank Friedenthal & Co.[2]: 18–19 It was initially headquartered at Unter den Linden 2, then moved in 1884 to Voßstrasse 34, and in 1907 to Behrensstrasse 68-69 where it would remain until the 1922 merger. It developed a network of branches in Berlin and its region, reaching 29 locations by 1922.[citation needed]
The Nationalbank was involved, together with other German banks, in the creation of foreign-oriented ventures such as the Deutsch-Asiatische Bank in Shanghai (1889), and also participated in the restructuring of the former Banca di Genova as Credito Italiano in Rome (1895).[3]: 453
In 1920, Nationalbank für Deutschland merged with the near-synonymous Deutsche Nationalbank, which had been founded in Bremen in 1871 and in 1906 had taken over the Nordwestdeutsche Bank AG.[5]