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Creditanstalt
Sign in to saveAlso 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 sectionsContents
- 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.