Johan Palmstruch

E420507

Johan Palmstruch was a 17th-century financier and entrepreneur best known for establishing one of Europe’s earliest note-issuing banks and pioneering the use of paper money in Sweden.

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All labels observed (2)

Label Occurrences
Johan Palmstruch canonical 3
Johan Wittmacher Palmstruch 1

Statements (45)

Predicate Object
instanceOf bank
banker
central bank
entrepreneur
financier
person
alsoKnownAs Hans (Johan) Wittmacher ONNED1
Johan Palmstruch
surface form: Johan Wittmacher Palmstruch
associatedWith Sveriges Riksbank ONNED1
birthName Hans Wittmacher NERFINISHED
birthPlace Riga
Swedish Livonia
birthYear 1611
country Sweden
countryOfCitizenship Sweden
deathPlace Stockholm
deathYear 1671
era 17th century
ethnicOrigin German
familyName Palmstruch
fieldOfWork banking
finance
monetary innovation
founded Stockholms Banco
givenName Johan
inception 1657
influenced development of central banking in Sweden
later European paper money systems
knownFor introducing credit notes backed by deposits
issuing standardized paper banknotes
legalIssue charged with mismanagement of Stockholms Banco
initially sentenced to death
monarchDuringActivity Charles X Gustav of Sweden NERFINISHED
Charles XI of Sweden NERFINISHED
notableFor founding Stockholms Banco
issuing some of Europe’s earliest banknotes
pioneering the use of paper money in Sweden
occupation bank director
merchant
positionHeld director of Stockholms Banco
punishment confiscation of property
death sentence later commuted
imprisonment
residence Stockholm
successorInstitution Sveriges Riksbank

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Stockholms Banco foundedBy Johan Palmstruch
Palmstruch Bank founder Johan Palmstruch
Palmstruch Bank hasKeyPerson Johan Palmstruch
Johan Palmstruch alsoKnownAs Johan Palmstruch
this entity surface form: Johan Wittmacher Palmstruch