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Creditanstalt
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Creditanstalt

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Also known as Credit-Anstalt

The Creditanstalt (sometimes Credit-Anstalt, abbreviated as CA), full original name k. k. priv. Österreichische Credit-Anstalt für Handel und Gewerbe (), was a major Austrian bank, founded in 1855 in Vienna.

Key facts

Company.name
Creditanstalt AG
Company.image
BA-CA Kunstforum, ehem. Österr. Creditanstalt für Handel und Gewerbe (90738) stitch IMG 5158 - IMG 5161.jpg
Company.image_caption
Creditanstalt head office during the 1920s and early 1930s on the Freyung, in 2014 as Bank Austria Kunstforum
Company.industry
Financial services
Company.fate
Merged with Bank Austria in 2002
Company.successor
Bank Austria-Creditanstalt
Company.founded
1855
Company.founder
Anselm von Rothschild
Company.location
Vienna, Austria

via Wikipedia infobox

~16 min read

Encyclopedic overview

13 sections
Contents
  • Foundation and development until 1931
  • Downfall and merger
  • Anschluss and World War II
  • Postwar development
  • Merger with Bank Austria and aftermath
  • Leadership
  • Buildings
  • Vienna
  • Other locations
  • See also
  • Notes
  • Further reading
  • External links

The Creditanstalt (sometimes Credit-Anstalt, abbreviated as CA), full original name k. k. priv. Österreichische Credit-Anstalt für Handel und Gewerbe (), was a major Austrian bank, founded in 1855 in Vienna.

From its founding until 1931, the Creditanstalt was led by members of the Rothschild family, who were among its significant shareholders. Its historically consequential failure in 1931 led to a merger engineered by the Austrian government in 1934, in which it combined with the Wiener Bankverein and the sound parts of the Niederösterreichische Escompte-Gesellschaft to form Österreichische Creditanstalt – Wiener Bankverein, later abbreviated to Creditanstalt-Bankverein. The latter came under the control of Deutsche Bank following the Anschluss in 1938, was nationalized in 1945, and was eventually acquired in 1997 by Bank Austria to form Bank Austria-Creditanstalt, since 2005 a subsidiary of UniCredit. UniCredit phased out the Creditanstalt brand in 2008.

Excerpted from Wikipedia’s “Creditanstalt” article, available under the CC BY-SA 4.0 licence.

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