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.
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 World War I Hong Kong was a major transshipment point for raw sugar from NEI on its way to British refineries.
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.