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The banking house was founded by Johann Alois
Duregger, who applied for commercial banking authorization in 1828. In 1854, Carl Spangler joined the company and one year later married Duregger's daughter. The Spängler family has run the bank for seven generations since 1855.
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The bank has one of the country's most important collection of gold coins and medals.
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In 2021, the bank opened its ninth location in
Austria.
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