The Development of the German Stock-Credit Banks (Aktienkreditbanken) between 1848 and 1913: a quantification attempt

Resource Type
Dataset : Survey and aggregate data
  • Burhop, Carsten
Publication Date
  • ZA:
    • Historical Studies Data
  • Abstract

    The historical development of the German Stock-Credit Banks (Aktienkreditbanken) before the beginning of the First World War is often discussed on a national but also on an international level. The perspective of traditional history sees the large Stock-Credit Banks as decisive institutions for the German industrialization. Until now this hypothesis could only be confirmed or rejected quantitatively for the last decades of the Kaiser Reich. The goal of the study in hand is to create for the first time a statistic on German Stock-Credit Banks that reaches back until 1848. So far the only data available was balance data for a very limited period between 1883 and 1913. Starting with the year of foundation of the first German Stock-Credit Bank the ‘Abraham Schaaffhausensche Bankverein´ from cologne in 1848, present data series on the development of Stock-Credit Banks are added. The data which is collected on the microeconomic level is aggregated to an overall economic statistic. The data that was published already; especially the series by Walther G. Hoffmann are complemented. The basis of the aggregated banking statistic are the balances if the individual Stock-Credit Banks. The aggregated statistics was made possible by a change in stock law from 1884, which required that all stock companies submit their annual financial statement at the responsible trade register. In the previous years the Stock-Credit Bank mostly published their balances in regional newspapers, only large Stock-Credit Banks used supra-regional newspapers for publishing. Register of tables in HISTAT: Statistics of Stock-Credit Banks 1848-1883 (in million Mark, current prices) Variables: - Total assets - Equity - Debt financing - Coffer - Open loan - Bill loan - Securities and holdings - Report and collateral loans
Temporal Coverage
  • 1848 / 1913
Geographic Coverage
  • Historical German lands (-1871) (DQDE)
  • German Reich (1871-1945) (DXDE)
Collection Mode
  • Types of sources: Balances of individual Stock-Credit Banks, banking statistics from trade registers, newspaper editions: Norddeutsche Allgemeine Zeitung from Berlin, years 1870-1880. Furthermore commemorative company publications and archive material was evaluated for the compilation of the data material. Publications used: Hoffmann, G. Walther: Das Wachstum der deutschen Volkswirtschaft seit der Mitte des 19. Jahrhunderts (Growth of German economy since the middle of the 19th century). Berlin 1965, Riesser, Jakob: Die deutschen Großbanken und ihre Konzentrationen (The large German banks and their concentration). Jena 1910. Data from archives: Historical archive of H deutsche Bank: Deutsche Bank, Norddeutsche Bank, Schaafhausscher Bankverein, Hamburg-Berliner Bank; Historical archive of Dresdner Bank: Anglo-Deutsche Bank, Deutsche Nationalbank in Bremen; State archive Bremen: Deutsche Nationalbank in Bremen; Historical archive of Commerzbank: Commerz- und Discontobank; Bethmann-archive within the city archive Frankfurt: Frankfurter Bankverein, Deutsch-Belgische La Plata Bank.
Data and File Information
  • Unit Type: Text Unit
    Number of Units: 70
    Number of Variables: 8
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Alternative Identifiers
  • ZA8176 (Type: ZA-No.)
  • Burhop, Carsten: Die Entwicklung der deutschen Aktienkreditbanken von 1848 bis 1913. In: Bankhistorisches Archiv, Vol. 28 (2), 2002, S. 103 – 128.

Update Metadata: 2020-10-21 | Issue Number: 86 | Registration Date: 2010-07-23