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saved the bank from bankruptcy by subscribing for ten million shares. In 1842 the Banque de
Belgique renounced its role as fiscal agent of the Belgian government that had been granted to it in 1835, which thus temporarily returned to the Société Générale.
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The Banque de
Belgique remained one of Belgium's two dominant banks, behind the Société Générale, during the next quarter-century. In 1875, however, it once again went into distress after having participated in financing failed industrialist
196:. At the end of 1838, it suspended its activities and had to seek credit support from the Belgian government, which was granted by legislation of 839/01/01. In 1841, upon renewed financial stress,
231:. The orderly liquidation of the Banque de Belgique was initiated in 1876 by a consortium of the country's other large banks, and completed in 1885. None of the bank's depositors incurred losses.
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Starting in 1837 the Banque of
Belgique experienced financial difficulties, in the context of territorial disagreements between Belgium and the Netherlands that would be eventually settled by the
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which was viewed as not providing savings services to the broader
Belgian population, and was also perceived as too much controlled by Dutch interests.
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status and to suspend their convertibility, as it also did with the Société Générale. In 1850, with the aim of restoring monetary stability, statesman
216:, in which both the Société Générale and the Banque de Belgique were founding shareholders, after which both ceased to issue banknotes of their own.
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movement. The two banks were in direct competition in some segments of their activity, including note issuance which was not yet a monopoly.
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on 26 February 1835. The aim was to partly offset the financial dominance in the country of the
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Army
Service Forces Manual M361-5 / Civil Affairs Handbook Belgium Section 5: Money and Banking
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In 1848, international financial stress led the
Belgian government to grant the bank's notes
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185:. De Brouckère presented the new bank as a philanthropic endeavor, in line with the
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was among the new bank's founding shareholders, alongside the French
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was governor of the Banque de
Belgique between 1873 and 1876.
312:, Washington DC: U.S. Senate National Monetary Commission
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The Banque de
Belgique was founded by liberal leader
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Histoire de la
Belgique, de l'Antiquité à nos jours
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346:"1830-1914: a young nation's coins and notes"
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285:The Société Générale de Belgique 1822-1997
102:Liquidated in 1885 after financial failure
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334:, Washington DC: U.S. Army Service Forces
283:René Brion and Jean-Louis Moreau (1998).
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382:. Brussels: Lebègue. pp. 301–304.
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367:, Brussels: Le Cri, pp. 145–150
328:Federal Reserve Board (June 1944),
434:. You can help Knowledge (XXG) by
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198:Jonathan-Raphaël Bischoffsheim
1:
393:Marie-Thérèse Bitsch (2004).
212:fostered the creation of the
306:The National Bank of Belgium
168:Société Générale de Belgique
365:The Construction of Belgium
57:February 26, 1835
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303:Charles A. Conant (1910),
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481:Defunct banks of Belgium
350:National Bank of Belgium
214:National Bank of Belgium
23:National Bank of Belgium
21:Not to be confused with
194:Treaty of London (1839)
430:-related article is a
378:Paul Hymans (1905).
264:Léandre Desmaisières
210:Walthère Frère-Orban
164:Charles de Brouckère
146:) was a significant
78:Charles de Brouckère
380:Frère-Orban, Tome 1
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16:Former Belgian bank
363:Els Witte (2010),
127:Banque de Belgique
29:Banque de Belgique
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240:Frédéric Fortamps
183:Banque Rothschild
172:Adolphe Oppenheim
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107:Headquarters
34:Company type
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397:. Complexe.
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486:Bank stubs
475:Categories
235:Leadership
61:1835-02-26
428:insurance
69:, Belgium
253:See also
158:Overview
112:Brussels
67:Brussels
44:Industry
152:Belgium
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117:Belgium
89: (
84:Defunct
74:Founder
59: (
54:Founded
48:Banking
422:This
310:(PDF)
270:Notes
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432:stub
426:and
424:bank
148:bank
132:lit.
124:The
99:Fate
91:1885
87:1885
150:in
65:in
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318:^
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245:fr
227:fr
177:fr
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