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The bank's creation ostensibly facilitated the full repayment of the Haiti indemnity, for which the last payment was made in 1883. However, the operations of the
National Bank were a matter of controversy in Haiti, not least because of its aggressive charging of fees and repatriation of profits and
86:(CIC), a French bank that had made a large loan of 36 million French Francs to Haiti in 1875, formed the National Bank in Paris in May 1881, and appointed Ernest Lehideux as its first president.
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was a prominent critic and in 1890 wrote an essay to denounce the bank's extraction of Haiti's riches and lack of positive contribution to the country's economic development.
82:, who in 1880 promoted the legislation (law of 10 September 1880) which created a 50-year concession for currency issuance and management of the country's finances.
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revoked the
National Bank's concession, ending its activity. He granted the concession for currency issuance and government treasury operations to the newly formed
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dividends to France. Thus, the initial hopes that it would be an instrument of
Haitian financial independence were quickly dashed. Haitian statesman
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The
National Bank of Haiti was conceived in the final stages of reimbursement of the notorious
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Matt Apuzzo; Constant Méheut; Selam
Gebrekidan; Catherine Porter (20 May 2022).
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245:"Impoverished Haiti Pins Hopes for Future On a Very Old Debt"
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100:, not far from the seat of CIC which at the time was at 66,
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302:"The National City Bank of New York and Haiti, 1909 – 1922"
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La Banque nationale d'Haïti : une page d'histoire
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obligation. It had a monopoly of currency issuance in
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223:"République d'Haïti : 100,000 obligations"
58:closed it in 1910, and it was succeeded by the
205:"The Ransom: How a French Bank Captured Haiti"
78:. It was the brainchild of President of Haiti
74:obligation that arose in the aftermath of the
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142:, whose initial majority shareholder was the
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323:"Banque Nationale de la République d'Haïti"
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46:and headquartered in Paris to serve the
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42:) was a French bank founded in 1881 by
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129:National Bank of the Republic of Haiti
110:National Bank of the Republic of Haiti
60:National Bank of the Republic of Haiti
20:Seat of the National Bank of Haiti in
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286:, Paris: Imprimerie Joseph Kugelmann
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131:, also established in Paris at 55,
123:In October 1910, Haitian President
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243:Jose de Cordoba (2 January 2004).
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84:Crédit Industriel et Commercial
44:Crédit Industriel et Commercial
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62:, also established in Paris.
366:. You can help Knowledge by
144:Banque de l'Union Parisienne
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300:Peter James Hudson (2013),
232:. 25 April 1898. p. 3.
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327:Data for Financial History
280:Frédéric Marcelin (1890),
190:Data for Financial History
186:"Banque Nationale d'Haïti"
433:Banks established in 1881
423:Economic history of Haiti
104:. For its main branch in
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39:Banque Nationale d'Haïti
428:Defunct banks of France
249:The Wall Street Journal
418:Defunct banks of Haiti
362:-related article is a
309:Radical History Review
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30:National Bank of Haiti
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161:State Bank of Morocco
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438:Former central banks
209:The New York Times
102:rue de la Victoire
76:Haitian Revolution
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133:rue de Chateaudun
118:Frédéric Marcelin
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91:rue Taitbout
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443:Bank stubs
407:Categories
360:insurance
150:See also
66:Overview
34:French
24:, 1907
354:This
305:(PDF)
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167:Notes
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52:Haiti
364:stub
358:and
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28:The
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