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The Darmstädter und Nationalbank, in shorthand Danat-Bank or Danatbank, was a large German joint-stock bank. It was formed in 1922 from the merger of the Bank für Handel und Industrie (Darmstadt), known as Darmstädter Bank, and the Nationalbank für Deutschland. Its failure in July 1931 was a significant episode of the European banking crisis of 1931.

Wikidata facts

Headquarters
Berlin
Industry
bank
Followed by
Dresdner Bank
Image
Bundesarchiv Bild 183-H28575, Berlin, Schinkelplatz, Danat-Bank.jpg
Show 4 more facts
inception
1922-01-01
dissolved, abolished or demolished date
1931-01-01
Commons category
Danat-Bank
board member
Hjalmar Schacht
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Encyclopedic overview

5 sections
Contents
  • Overview
  • Key individuals
  • See also
  • References
  • External links

The Darmstädter und Nationalbank, in shorthand Danat-Bank or Danatbank, was a large German joint-stock bank. It was formed in 1922 from the merger of the Bank für Handel und Industrie (Darmstadt), known as Darmstädter Bank, and the Nationalbank für Deutschland. Its failure in July 1931 was a significant episode of the European banking crisis of 1931.

==Overview== thumb|left|150px|Seal of Danat-Bank's branch in Leipzig thumb|Danat-Bank building at Behrenstrasse 5 in 1931 thumb|Rush of savers from the Sparkasse (Germany)|Sparkasse of Berlin at Mühlendamm after the collapse of the Danatbank on 13 July 1931

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

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