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27:
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285:. Its intended purpose was to provide affordable credit to the Serbian peasantry and liberate them from the tutelage of merchant and other intermediaries. In practice, however, the bank's credit mostly went to a limited number of rural and urban landlords who in turn lent at higher interest to the peasants. On 8 July 1898, the
493:
From 1922 to 1932, the DHB was the largest bank, not only in
Yugoslavia but in all of Southeastern Europe. After 1938, however, it largely stopped providing mortgage loans and focused instead on financing the government. By the end of 1940, it operated in 20 locations across the country in addition
291:
was reorganized by law as an independent bank, albeit with a state guarantee on its obligations, and allowed to open branches which facilitated access to its credit by less well-to-do borrowers. By the early 20th century, a lot of its lending went to public entities; public bodies also provided the
301:
expanded together with the
Serbian economy and accessed funding from abroad, especially France. It played a pioneering role in creating the Serbian securities market, and participated in the financing of Serbian railroads, power utilities, and of the Serbian government including during the
565:
693:
840:
719:
610:
553:
516:, the bank was reorganized in October 1945 as a provider of long-term directed credit. In August 1946, it was merged into the State Investment Bank. In 1952, the State Investment Bank in turn was merged into the
371:, it was restored as an independent institution. While it had no access to its occupied national turf, the bank was able to make payments such as pensions to refugees in Greece, and paid savings deposits on
777:
The CEE History
Project: The History of Savings Banks in Central and Eastern Europe and the History of Erste Group's subsidiaries in the Czech Republic, Slovak Republic, Hungary, Croatia, Serbia, Romania,
546:
The buildings erected by DHB for its branches during the interwar period were generally of high architectural quality and have often been repurposed for prestige use in the successor states of
Yugoslavia.
933:
633:
604:
934:
Dušan Đorđević, Milinko Đorđević, Božidar
Damjanović, Jelisaveta Lenc, Milan Đuričanin, Milosav Ignjatović, Sava Kolundžić, Slavko Milinković, Vida Ilić, Vlado Kozomara (1988),
433:
687:
406:
501:
in April 1941, the German occupation forces seized the bank's gold reserves and other assets. The bank resumed operations in Serbia in early 1942, mostly to finance the
585:
713:
490:). It became a major player in the financing of construction and infrastructure in interwar Yugoslavia, and also was an active patron of the national arts scene.
652:
505:. Its operations in the rest of Yugoslavia were either liquidated or taken over by other institutions, such as a newly formed State Credit Institute in the
275:
698:
615:
949:
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The DHB had no equity capital but retained earnings that accumulated into a sizeable reserve. It took over the former activities of the
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387:, new legislation in August 1922 established the State Mortgage Bank, technically registered under its French name
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980:
271:
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1000:"The State Mortgage Bank Building in Valjevo: An Unknown Work of the Architect Vasilije von Baumgarten"
42:
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to the head office in
Belgrade, and was still the leading credit institution in Yugoslavia.
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Army
Service Forces Manual M355-5 / Civil Affairs Handbook Yugoslavia: Money and Banking
257:
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Norbert Bacher, Matthias Beitl, Nadia Rapp-Wimberger, Aleksandra Aleksić (2015),
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969:, University of Zagreb, Faculty of Humanities and Social Sciences, p. 58
405:, whose name had also been adopted by mortgage banks in French colonies: the
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899:
The Role of Banks in
Economic Development in the Former SFR Yugoslavia
319:
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311:
559:
Belgrade head office building photographed in the early 20th century
270:
on 16 August 1862, implementing a decision made in late 1858 by the
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It was established in 1922 to succeed an earlier institution of the
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Tendencije razvoja i mehanizmi regulacije hipotekarnih tržišta
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as the first-ever
Serbian credit institution by law signed by
479:
364:
466:), the State Mortgage Bank of the Kingdom of Montenegro in
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Palača
Slavenske hipotekarne banke u Vlaškoj 53 u Zagrebu
488:
Zemljištno vjeresijski zavod kraljevine Dalmacije u Zadru
476:
Državna hipotekarna banka kraljevine Crne Gore na Cetinju
390:
Crédit foncier du Royame des Serbes, Croates et Slovenes
478:), and the Land Registry of the Kingdom of Dalmatia in
192:) was a major state-owned financial institution in the
733:(completed 1939), later office of the Finance Ministry
363:
of the Serbian government and its exile relocation in
817:
454:
as well as those of the Serbian Agricultural Bank in
885:, Union University / Beogradska bankarska akademija
274:. The new institution's first general manager was
875:
292:bulk of its liabilities in the form of deposits.
1018:
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624:(completed 1931), later central post office of
512:Following the liberation of the country by the
393:. This name reflected the exceptionally close
239:in 1862. In 1946, the DHB was merged into the
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794:: CS1 maint: multiple names: authors list (
401:and referred to the well-established French
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16:Defunct stae bank in Serbia and Yugoslavia
824:, Washington DC: U.S. Army Service Forces
375:issued in Serbia before the withdrawal.
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818:Federal Reserve Board (February 1944),
802:
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767:
765:
1019:
1009:, Belgrade: Muzej primenjene umetnosti
981:"Državna hipotekarna banka u Sarajevu"
745:Landesbank für Bosnien und Herzegowina
645:Central Bank of Bosnia and Herzegovina
422:Crédit Foncier d'Algérie et de Tunisie
464:Srpska zemljoradnička banka u Skoplju
385:Kingdom of Serbs, Croats and Slovenes
37:, then of the State Mortgage Bank in
863:Hrvatska enciklopedija (1941.-1945.)
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432:(est. 1907) in Asia, as well as the
306:. By early 1914, it had branches in
936:125 years of Investbanka: 1862-1987
896:Predrag Četković (September 2015),
383:following the establishment of the
241:State Investment Bank of Yugoslavia
141:State Investment Bank of Yugoslavia
41:(completed in 1903), from 1950 the
31:Former head office building of the
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579:(completed 1923), acquired in 1928
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917:"Yugoslavia - Central Bank Law"
430:Crédit Foncier d'Extrême-Orient
295:In the early 20th century, the
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397:in the immediate aftermath of
355:was severely disrupted during
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507:Independent State of Croatia
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1032:Defunct banks of Yugoslavia
921:International Monetary Fund
859:"Državni vjeresijski zavod"
841:"Državna hipotekarna banka"
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518:National Bank of Yugoslavia
503:collaborationist government
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395:France–Yugoslavia relations
272:Saint Andrew's Day Assembly
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876:Miloš V. Janković (2016),
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185:Državna hipotekarna banka
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643:(completed 1931), later
349:Like Serbia itself, the
268:Prince Mihailo Obrenović
168:Government of Yugoslavia
1037:Defunct banks of Serbia
938:, Belgrade: Investbanka
434:Crédit foncier égyptien
407:Crédit foncier colonial
664:Palace of the Republic
499:invasion of Yugoslavia
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998:Milan Prosen (2010),
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194:Kingdom of Yugoslavia
230:Funds Administration
750:Banque Franco-Serbe
677:Branch building in
658:Branch building in
639:Branch building in
591:Branch building in
571:Branch building in
443:(est. 1880) in the
426:French North Africa
416:(est. 1860) in the
62:State owned company
21:
514:Yugoslav Partisans
445:Sultanate of Egypt
418:French West Indies
369:Monastir offensive
72:Financial services
19:
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256:Finance minister
235:) established in
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452:Uprava Fondova
403:Crédit Foncier
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276:Milovan Spasić
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328:Kragujevac
158:Yugoslavia
705:Zrenjanin
543:and DHB.
373:passbooks
316:Požarevac
312:Smederevo
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944:citation
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739:See also
679:Novi Sad
641:Sarajevo
332:Jagodina
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