Netherlands Trading Society
Jump to navigation Jump to search
|This is an old revision of this page, as edited by Woohookitty at 08:47, 3 August 2010 (WikiCleaner 0.99 - Repairing link to disambiguation page - You can help!). The present address (URL) is a permanent link to this revision, which may differ significantly from the .|
This article does not cite any sources. (December 2009) (Learn how and when to remove this template message)
- 1824: King Willem I created the Nederlandsche Handel-Maatschappij (NHM) by Royal Decree to revive trade between the Netherlands and the Netherlands East Indies.
- 1826: NHM opened an office in Batavia (Jakarta).
- 1858: NHM opened a branch in Singapore.
- 1870: NHM extended its activities to include banking.
- 1888: NHM opened a branch in Penang.
- 1889: NHM opened a branch in Hong Kong.
- 1920: NHM opened branches in Bombay (Mumbai) and Calcutta (Kolkata) primarily to work with clients in the diamond business.
- 1926: NHM opened a branch in Jeddah, Saudi Arabia. Know later as the Saudi Hollandi Bank it was the first, and until 1948 the only, commercial bank in the Kingdom. The branch existed to serve the needs of Indonesian Muslims coming to perform Hajj, the pilgrimage to Mecca.
- 1941: NHM opened an agency in New York City.
- 1948: NHM opened a branch in Karachi to become the first foreign bank to receive a banking license from the new Government of Pakistan.
- 1949: NHM acquired De Surinaamsche Bank.
- 1960: The Indonesian government nationalized NHM's local operations and formed a new bank, Bank Ekspor Impor Indonesia.
- 1964: NHM merged with De Twentsche Bank to form Algemene Bank Nederland (ABN).
|This Dutch bank or insurance-related article is a stub. You can help Wikipedia by expanding it.|