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The German Savings Banks and Clearing Association (Deutscher Sparkassen- und Giroverband) is one of the oldest financial institutions in Germany, established to support regional and local savings banks. This association has played a crucial role in consolidating and stabilizing the German banking system, especially during periods of economic and political turbulence.
Historical Data of the Company
| Data | Value |
|---|---|
| Year of Establishment | 1884 |
| Headquarters | Berlin, Germany |
| Name at Delisting from Stock Exchange | Deutscher Sparkassen- und Giroverband |
| Year of Stock Exchange Admission | 1920 |
| Year of Delisting from Stock Exchange | 1945 |
| Year of Company Cessation | Still active |
| Initial Capital | 500,000 Marks |
| Final Capital | 50 million Euros |
| Revenue in 1930 | 100 million Reichsmark |
| Revenue in 1940 | 200 million Reichsmark |
Characteristics of the Historical Document
| Characteristic | Detail |
|---|---|
| Type of Document | Bond (Gold Bond) |
| Nominal Value | $1000 |
| Interest Rate | 7% |
| Duration | 21 years |
| Issue Date | February 8, 1926 |
| Maturity Date | February 8, 1947 |
| Issuer | German Savings Banks and Clearing Association |
| Country | Germany |
| Language | English and German |
Scripophily collecting offers a unique opportunity to own a piece of economic and industrial history. Each document tells a story of innovation, growth, and transformation, reflecting the economic dynamics of a bygone era. The aesthetic beauty of these documents, with their intricate details and illustrations, makes them art pieces as well as historical testimonies.
The bond of the German Savings Banks and Clearing Association represents a significant piece of German and world financial history. Issued in Germany, it symbolizes the stability and resilience of the German banking system during the period between the two world wars. Collecting a document like this not only enriches one's collection but also provides a tangible link to the past, allowing for exploration and understanding of the roots of the modern global economy.
All historical documents for sale are intended for collection purposes only. The documents have no economic or financial value (no economic or financial value), the second image is only representative of the company's business.
