THE ESTABLISHMENT OF A GREAT BANK: THE BANK OF COMMERCE FROM CRAIOVA (1897-1948)
THE ESTABLISHMENT OF A GREAT BANK: THE BANK OF COMMERCE FROM CRAIOVA (1897-1948)
Author(s): Georgeta GhioneaSubject(s): Economic history
Published by: Editura Academiei Române
Keywords: 20th Century; Romania; Oltenia; bank capital;
Summary/Abstract: The present article deals with the apparition of a great financialinstitution in Romanian urban space at the end of 19th Century which builds itsstrong reputation as the largest bank in Romania in 20th century. This was due toan intelligent strategy that we could identify today. First of all, the CommerceBank inaugurated an active policy of setting up subsidiary or sponsored banks.Second, the financial institution was particularly interested in streghten itsposition as essential pillar of Oltenia solidarity bank during major crises thatundermine also the Romanian financial markets. Finally, she takes a role no lessimportant in the activity of large industrial enterprises of the time.
Journal: Anuarul Institutului de Cercetări Socio-Umane „C.S. Nicolăescu-Plopșor”
- Issue Year: 2010
- Issue No: XI
- Page Range: 185-196
- Page Count: 12
- Language: English