20:
114:
529:
132:
on 24 August 1867, ahead of its formal registration by the
Hungarian Commercial and Exchange Court of Pest on 15 September 1867. In 1871, it took over the local branch of Creditanstalt. In 1873, it received a mandate from the recently created finance ministry for a range of transactions, which made
192:, the Creditbank was able to retain its leading role within the national banking sector. Its links with the Creditanstalt were loosened, and in the early 1920s a 18-percent equity stake was acquired by
53:
268:, MOKT). The new group did not survive for long, however; it came under direct management by the State Banks' Executive Committee in January 1948, and disappeared by the mid-1950s.
232:, when it narrowly avoided bankruptcy thanks to swift government intervention. It returned to profitability in 1936â1937. In 1938, it absorbed the Hungarian General Savings Bank (
133:
it effectively the main banker of the
Hungarian government; that role was reinforced and extend by successive acts in 1886, 1901, and 1915. In the 1890s, under
140:
By the early 20th century, the
Creditbank had acquired a dominant position on the Hungarian banking market. It acquired the First Hungarian Industrial Bank (
330:
168:), of which it retained overwhelming majority control until 1945. By 1913, it ranked fourth among Hungary's commercial banks by total assets, behind the
550:
283:
93:
was involved early on in financing operations in
Hungary, including by providing a sixth of the equity capital for the construction of the iconic
302:
506:
173:
635:
640:
380:
253:
169:
477:
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203:
177:
24:
157:
604:
569:
530:"L'Ăpargne : Son organisation, son progrĂšs, ses institutions chez les Serbes, Croates et SlovĂšnes"
94:
19:
429:
360:
137:'s leadership, the Creditbank became increasingly autonomous from the Austrian Creditanstalt.
355:
335:
312:, member of the board of directors from 1885, Chairman 1895â1900, Managing Director 1909-1923
129:
260:. In 1946, the General Credit Bank merged with the Hungarian National Central Savings Bank (
8:
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40:
321:
113:
296:
199:
161:
134:
122:
90:
73:
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28:
213:
By 1924 its
Croatian affiliate, the Croatian General Credit Bank, had branches in
97:
and refinancing its cost overruns in the 1840s. In 1857, the
Rothschild-sponsored
240:). It remained among the country's leading banks throughout the interwar period.
57:
252:
appropriated the
Schneider-owned block of shares, which from 1945 fell into the
645:
551:"Hungarian Bank Project; Merger of General Savings and General Credit Planned"
350:
629:
249:
102:
98:
570:"The Hungarian banking system from the trauma of Trianon to nationalization"
207:
299:, member of the board of directors from 1878, Managing Director 1900-1909
189:
149:
406:
222:
256:
and were thus claimed by the Soviet authorities under the terms of the
214:
180:, but second by profits behind the Hungarian Commercial Bank of Pest.
128:
The
Hungarian General Credit Bank had its shares first traded on the
218:
118:
478:"Banking leaders who made the Hungarian General Credit Bank great"
475:
69:
318:, Managing Director 1923-1924 and 1925â1939, Chairman 1944-1947
153:
23:
Former head office of the
Hungarian General Credit Bank, later
148:), which had been established in 1864. In 1912 during the
508:
A magyarorszågi pénzintézetek rövid története, 1836-1947
407:"Banking in Hungarian Economic Development, 1867-1919"
605:"The swan song of the Hungarian General Credit Bank"
476:TamĂĄs KovĂĄcs & Levente KovĂĄcs (October 2017),
627:
527:
404:
427:
243:
602:
539:, Zagreb: Ădition de l'Ăconomiste Balkanique
280:Vince Weininger, Managing Director 1876-1879
193:
567:
327:György Ullmann, Managing Director 1944-1947
195:Union européenne industrielle et financiÚre
504:
471:
469:
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463:
618:, Budapest: Hungarian Banking Association
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596:
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583:, Budapest: Hungarian Banking Association
491:, Budapest: Hungarian Banking Association
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72:, from its establishment in 1867 by the
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266:Magyar Orszågos Központi Takarékpénztår
108:
628:
587:
440:
391:
381:"Magyar ĂltalĂĄnos Hitelbank, Budapest"
228:The bank was severely affected by the
518:
417:, Cambridge University Press: 216â225
561:
495:
174:First National Savings Bank of Pest
76:until its nationalization in 1948.
13:
183:
14:
657:
254:Soviet occupation zone of Germany
170:Hungarian Commercial Bank of Pest
277:Antal Frank, Director 1867-1876?
62:Ungarische Allgemeine Kreditbank
238:Magyar ĂltalĂĄnos TakarĂ©kpĂ©nztĂĄr
230:European banking crisis of 1931
166:Hrvatska sveopca kreditna banka
543:
421:
373:
202:group in partnership with the
178:Hungarian Mortgage Credit Bank
1:
603:TamĂĄs KovĂĄcs (October 2017),
411:Business and Economic History
340:, temporary manager 1947-1948
324:, Managing Director 1939-1944
293:, Managing Director 1880-1900
271:
198:, an affiliate of the French
152:, it created an affiliate in
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37:Hungarian General Credit Bank
31:in 1909 and completed in 1913
16:Former bank based in Budapest
568:JĂĄnos Botos (October 2017),
204:Banque de l'Union Parisienne
158:Croatian General Credit Bank
7:
344:
10:
662:
244:World War II and aftermath
79:
45:Magyar ĂltalĂĄnos Hitelbank
636:Banks established in 1867
612:Economy and Finance (GĂP)
485:Economy and Finance (GĂP)
431:The Budapest Chain Bridge
188:Following the turmoil of
641:Defunct banks of Hungary
528:Ljubomir Kosier (1924),
366:
101:bank opened a branch in
405:Thomas Barcsay (1991),
361:Hungarian National Bank
514:, Budapest: Aula KiadĂł
428:Amelie Lanier (2004),
265:
237:
194:
165:
145:
125:
95:Széchenyi Chain Bridge
68:) was a major bank in
61:
44:
32:
537:Questions Balkaniques
356:Austro-Hungarian Bank
130:Vienna Stock Exchange
116:
22:
146:ElsĆ Magyar Iparbank
109:Austro-Hungarian era
577:Economy and Finance
505:Bela Tomka (2000),
248:In September 1941,
25:Ministry of Finance
555:The New York Times
258:Potsdam Conference
126:
33:
297:Zsigmond Kornfeld
200:Schneider-Creusot
135:Zsigmond Kornfeld
117:Former branch in
91:Rothschild family
74:Rothschild family
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557:. 23 March 1938.
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316:Tibor Scitovszky
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64:, also known as
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322:Tihamér Fabinyi
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284:Ede Pallavicini
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184:Interwar period
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206:and Belgium's
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121:, designed by
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27:; designed by
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331:Istvån Földes
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303:Adolf Ullmann
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250:Dresdner Bank
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99:Creditanstalt
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208:Empain group
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123:Alfréd Hajós
88:
65:
48:
36:
34:
385:Ki Tervezte
351:BĂ©la Sulyok
334: [
306: [
287: [
190:World War I
150:Balkan Wars
29:IgnĂĄc AlpĂĄr
630:Categories
272:Leadership
176:, and the
85:Background
66:Creditbank
262:Hungarian
234:Hungarian
142:Hungarian
54:âčSee Tfdâș
41:Hungarian
345:See also
223:VaraĆŸdin
219:Karlovac
162:Croatian
119:Subotica
215:Äakovec
80:History
70:Hungary
221:, and
172:, the
156:, the
154:Zagreb
58:German
646:Banks
608:(PDF)
573:(PDF)
533:(PDF)
512:(PDF)
481:(PDF)
435:(PDF)
367:Notes
338:]
310:]
291:]
103:Pest
89:The
35:The
616:4:3
581:4:3
489:4:3
49:MĂH
632::
614:,
610:,
589:^
579:,
575:,
553:.
535:,
520:^
497:^
487:,
483:,
442:^
415:20
413:,
409:,
393:^
383:.
336:eo
308:hu
289:hu
264::
236::
225:.
217:,
210:.
164::
144::
105:.
60::
51:,
47:,
43::
387:.
160:(
39:(
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