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The Bergisch bank is a former Universalbank, which was created 1871 in Wuppertal Elberfeld as district bank and an expanded branch network in West Germany possessed. In the year 1914 the bank and its branches were transferred in the rheinisch industrial district by the German bank.

It possessed branches in Aachen, Bielefeld, Bocholt, Bonn, Duesseldorf, Goch, Hagen, Hamm, Idar Oberstein, Koblenz, Cologne, Krefeld, Lippstadt, Neheim, Neuss, Opladen, Paderborn, rem-separates, Rheydt, Saarbruecken, Schwelm, Soest, Solingen, Trier, Velbert, Warburg, Wuppertal Ronsdorf and

The Bergisch bank was not insignificant involved in the financing of the heavy industry in the Rhine country and in Westphalia. It financed among other things Hugo Stinnes and August Thyssen.

History

The Bergisch bank was created 1871 as corporation and took over 1872 the banking house A. de Weerth & Co. in Wuppertal Elberfeld with its entire customer master. In the course of the economic crisis the again-created enterprise could take over the branch of the insolvent Elberfelder Disconto and change-over switch bank in the year 1874 also. Starting from 1889 the Bergisch bank was active after the assumption of two private banks in Aachen and Moenchengladbach also at the left Rhine bank. In the year 1893 it could gain a foothold after the assumption of two Cologne private banks also in the Rhine metropolis.

1897 took part Deutsche Bank AG in the Bergisch bank, which became thereby the regional partner in West Germany.

The Bergisch bank took over

  • 1898 the Remscheider bank AG in rem-separate
  • 1901 the banking houses Goldschmidt & Cie in Bonn and Suermondt & Cie. in Aachen
  • 1902 the Barmer mercantile bank AG in Wuppertal Barmen
  • 1904 equal three larger banks: the Trierer bank in Trier, the banking house Lazard, broke & CO. into Saarbruecken as well as Padersteiner the bank association in Paderborn with branch in being castle
  • 1910 the banking house max of Gerson & CO. Kg in Hamm with branch in Soest
  • 1911 the mercantile bank in Cologne with branch in Opladen
  • 1912 the Neheimer bank association in Neheim

In the year 1914 the Bergisch bank was transferred by the German bank, briefly before in Bielefeld a further branch could be opened. The fusion with the German bank had above all balance-technical reasons: by this fusion the money invested as participation should be available as genuine risk capital.

See also: Hans's Jordan (banker), OSCAR Schlitter


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