Bank of Amsterdam

E15111

The Bank of Amsterdam was a pioneering 17th-century public bank that became a central hub of European finance and helped establish Amsterdam as a leading commercial power during the Dutch Golden Age.


Statements (48)
Predicate Object
instanceOf historical financial institution
municipal bank
public bank
accepted bullion deposits
coin deposits
country Dutch Republic
currencyHandled Dutch guilder
bank guilder
dissolved 1791
establishedDuring Twelve Years' Truce
foundedBy City of Amsterdam
governedBy burgomasters of Amsterdam
headquartersLocation Dam Square, Amsterdam
helpedEstablish Amsterdam as leading commercial power
Amsterdam as major financial center
inception 1609
industry banking
finance
influenced Bank of England
Sveriges Riksbank
development of central banking
issued bank money
knownFor influence on international exchange rates
stability of its bank money
strict reserve policy in early period
locatedIn Amsterdam
County of Holland
Province of Holland
mainActivity bullion trade
clearing and settlement
deposit banking
foreign exchange
operatedBy municipality of Amsterdam
partOf financial system of the Dutch Republic
provided book-entry payments
stable unit of account
transferable deposits
reasonForEstablishment to facilitate international trade payments
to stabilize chaotic coinage
regulates coinage quality in Amsterdam
replacedBy De Nederlandsche Bank
role central hub of European finance
clearing bank for international trade
de facto central bank
significantEvent Dutch Golden Age
significantPeriod 17th century
18th century
supervisedBy Amsterdam city government

Referenced by (1)
Subject (surface form when different) Predicate
Dutch Golden Age
notableInstitution

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