The Berliner Handels-Gesellschaft (BHG, lit.'Trade Company of Berlin') was a significant German joint-stock bank, founded in 1856 in Berlin. It relocated to Frankfurt following World War II.
On 1 September 1970 (with retroactive effect at 1 January 1970),[1]: 42 BHG merged with Frankfurter Bank to form Berliner Handels-Gesellschaft - Frankfurter Bank, referred to as BHF Bank from 1975 to 2017 and since then as ODDO BHF.[2]
By 1930, the BHG was Germany's sixth-largest joint-stock bank by total deposits with 412 million Reichsmarks, behind Deutsche Bank & Disconto-Gesellschaft (4.8 billion), Danat-Bank (2.4 billion), Dresdner Bank (2.3 billion), Commerz- und Privatbank (1.5 billion), and Reichs-Kredit-Gesellschaft (619 million).[8]: 354 The BHG weathered the European banking crisis of 1931 comparatively unscathed, and was alone among the larger private-sector banks not to receive any capital injection from the government.[9]: 35 It was severely affected, however, by the takeover of the Nazi Party and by the death of Carl Fürstenberg on 9 February 1933.
After World War II, the bank's Berlin seat found itself in the Soviet occupation zone, but the bank was able to maintain legal continuity through a Thuringian office it had created in 1943, which was relocated to Erlangen in 1945 and eventually to Frankfurt in 1948, then allowed by special legislation in 1954 o assume the full BHG legacy.[10] It was hosted by the Frankfurter Bank for two years until moving to its own location in 1950.[citation needed]
Berlin head office complex
The BHG's head office in Berlin was mostly built in 1897–1900 on a design by architect Alfred Messel, with two main façades respectively on Französische Strasse (south) and Behrensstrasse (north). In 1909–1911, this was complemented by a westward extension on Charlottenstrasse, designed by Messel's former associate Heinrich Schweitzer [de].[11] After 1945, the BHG building became part of the head office complex of the Staatsbank der DDR, together with its neighbor on the eastern side, the former head office of Dresdner Bank. Following German reunification, the former BHG building was repurposed to become the Berlin office of KfW, on a design by Frankfurt-based ABB Architects. The renovated complex was inaugurated in June 2001 in the presence of German Chancellor Gerhard Schröder.[12]
^Erich Erlenbach (12 April 1980), "Ein Jubiläum im Jahr der goldenen Mitte. Die Berliner Handels- und Frankfurter Bank feiert 25 Jahre ihrer Geschichte", Frankfurter Allgemeine Zeitung, p. 17