A branch of the bank in Gorinchem in 1962.
The Amsterdamsche Bank (AB) is a former Dutch bank. The bank was established in 1871 by a group of mainly German banks, headed by the Bank for Trade and Industry from Darmstadt. In 1964, the Amsterdamsche Bank merged with the Rotterdamsche Bank (formerly Robaver) to AMRO Bank. History
Germany sought opportunities to invest in foreign companies by investing with the repayments paid by France after the French-Prussian war (1870-1871). With the founding of AB, we sought ways to connect the German and Dutch money markets more closely. AB had a close relationship with the Amsterdam diamond industry, but was also active in the stock market.
In 1901, AB established its first subsidiary, Amsterdamsch Wisselkantoor, which was an independent company. Soon Amsterdamsch Wisselkantoor will open offices in Utrecht, Eindhoven, Almelo and Enschede. Later, all the offices would be included in the parent company, and if AB's offices continue to be alive.
The Amsterdamsche Bank also acquired interests in various provincial banks, such as the Helmondsche Bank and the Heerlener Bank. From 1911, the example of Robaver was followed, and AB took over a large number of local banks. For the financing of the Belgian diamond industry, the Amsterdamsche Bank for Belgium was established in Antwerp in 1937.
In 1939, AB and Robaver had completed cleared merger plans, but anticipated them when Dutch involvement in the Second World War seemed unavoidable. At the beginning of 1940 AB took over Alkmaar Noordhollandsch Landbouwcrediet AB, a bank of which AB was also on the cradle. By far the most important bank merger was the acquisition of the Debt Collection Bank on January 1, 1948.
After the war, AB, together with three other major European banks, was involved in the creation of the European Advisory Committee, which would develop into the Banque Européenne de Crédit à Moyen Terme in 1967.
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