Nationale Handelsbank
Nationale Handelsbank
Industry Financial Services
Fate part nationalized and part acquired
Successor In Indonesia Bank Umum Negara, the remainder AMRO Bank
Founded 1863
Defunct 1960
Headquarters Amsterdam, Netherlands
Products Commercial banking and Retail banking

The Nationale Handelsbank was a Dutch bank that was established to financing trade between the Netherlands and the Dutch East Indies. After operating independently for nearly a hundred years, the parts in Indonesia, were nationalized by the Indonesian government and the remainder was acquired by the Rotterdamsche Bank in 1960 and would be absorbed into AMRO Bank.[1]


  • 1863: The Nederlandsch-Indische Handelsbank was established in 1863 to finance and handle trade with the Netherlands East Indies (NEI). It had its head office in Amsterdam to which the branches outside the NEI reported. The branches in the NEI reported to the head office in Jakarta.
  • 1901: The bank established a branch in Singapore. Until 1914, this was the main entrepot for the NEI. Smaller coastal vessels then shuttled back and forth between Singapore and ports in the NEI.
  • 1906: The bank established a branch in Hong Kong. Before WWI Hong Kong was a major transshipment point for raw sugar from NEI on its way to British refineries.
  • 1920: The bank established branches in Bombay, Calcutta, Shanghai, and Kobe, all based on the cotton trade to Japan.
  • 1921-22: The bank established branches in Tokyo and Yokohama.
  • 1922-23: The bank opened additional branches in China at Amoy and Swatou. The branch at Swatou only operated for a few years.
  • 1924: The bank closed the Yokohama branch after the 1923 Great Kantō earthquake.
  • 1938: The bank established a branch in Manila.
  • 1948: The bank established a branch in Bangkok for the rice, tea and shellac trades. At around this time the branches in China closed after the defeat of Kuomintang government.
  • 1950: The bank changed its name to Nationale Handelsbank. It closed the branch in Manila, which had enjoyed a brief boom after WWII but now was no longer promising.
  • 1952: The branch in Kobe was still functioning but it closed sometime thereafter.
  • 1953: By this time the bank had branches throughout Indonesia in Java (Bandung, Banjuwangi*, Gambir (Weltevreden), Malang, Probolinggo, Semarang, Surabaya, Tegal*, and Cirebon*), Sumatra (Jambi, Medan, Palembang, Telok-Betung), Banjarmasin, Pontianak, and Makassar. The branches marked with * dealt with warehousing and shipping matters. Prior to the Japanese invasion in 1942, the bank had also maintained branches at Pasuruan, Cilacap, Pekalongan, Manado, Tanjong Balei, and Gorontalo.
  • 1953: The bank established Mercantile Bank of Canada, with offices in Montreal, Quebec, Canada. [2]
  • 1959: The Indonesian government nationalized the bank’s local operations to create Bank Umum Negara.
  • 1960: Rotterdamsche Bank acquired Nationale Handelsbank.
  • 1962: Rotterdamsche Bank sold Nationale Handelsbank’s branches in Bangkok, Hong Kong, Singapore, and Tokyo to Chase Manhattan Bank.
  • 1963: Nationale Handelsbank sold 50% of Mercantile Bank to Citibank.
  • 1965: Nationale Handelsbank sold the remaining 50% of Mercantile Bank to Citibank, giving rise to the “Mercantile Bank Affair”. Nationale Handelsbank also changed its name to Nationale Bank voor Middellang Krediet (National Bank for Medium-Term Credit).
  • 1967: Nationale Bank voor Middellang Krediet was absorbed into AMRO Bank which would become ABN AMRO.


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • List of banks in Malaysia — Contents 1 Central Bank 2 Retail Banking (Public Banking) 2.1 8 Anchor (Major / Commercial) Bank …   Wikipedia

  • List of banks — *This is a list of banks throughout the world.Africaflag|AngolaCentral Bank*Bank of Algeria (Banque Central d Algerie)Banks*Al Baraka Bank of Algeria *Algerian International Bank *Al Rayan Algerian Bank *Arab Banking Corporation *Banque Agricole… …   Wikipedia

  • Bank Mandiri — PT Bank Mandiri (Persero) Tbk. Type Public (IDX: BMRI) Industry Financial Services, Banking …   Wikipedia

  • Teuta — war eine illyrische Königin. Sie folgte ihrem Gatten Agron aus dem Volksstamm der Labeaten in der Herrschaft nach und regierte von 230 bis 228 v. Chr. Teutas Herrschaftsbereich (230 BC 228 BC) Nach dem Tod Agrons übernahm Teuta im Namen ihres… …   Deutsch Wikipedia

  • Rotterdamsche Bank — несуществующий ныне нидерландский коммерческий банк. История Банк был основан в 1863 году. В 1911 году после слияния с Deposito en Administratie Bank изменил своё название на Rotterdamsche Bankvereeniging. В 1947 году был переименован в… …   Википедия

  • Liste von Abkürzungen (DDR) — Die Liste DDR typischer Abkürzungen, die sich als alphabetische Sammlung versteht, enthält gemischte Begriffe, die aus Abkürzungen staatlicher und nichtstaatlicher Institutionen, Dingen des Alltags, und aus allen gesellschaftlichen Bereichen… …   Deutsch Wikipedia

  • Architektur in Dresden — Frauenkirche Dresden, 1726–1743 von George Bähr, 1945 zerstört, 1994–2005 rekonstruiert …   Deutsch Wikipedia

  • List of banks in Switzerland — This is an alphabetical list of Swiss banks.# A A Actienbank # ABB Export Bank # ABN AMRO Bank (Schweiz) # ABN AMRO Bank N.V., Amsterdam # AIG Private Bank Ltd. # ANZ Grindlays Bank plc # AP Anlage Privatbank AG # Aargauische Kantonalbank # Adler …   Wikipedia

  • Stop the Bomb — (STB) ist eine überparteiliche Initiative, die sich mit prominenter Unterstützung gegen Geschäfte mit dem iranischen Regime und für die Unterstützung der säkularen, rechtsstaatlich demokratischen Opposition im Iran engagiert. Die Initiative ging… …   Deutsch Wikipedia

  • Liste de banques en Suisse — La liste ci dessous énumère par ordre alphabétique les banques inscrites au registre du commerce en Suisse. Sommaire : Haut A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A A …   Wikipédia en Français

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”