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Reichsbank
Reichsbank head office at Jägerstraße in Berlin, photographed in 1933
Headquarters
Berlin
Established
1 January 1876 (1876-01-01)
Ownership
dispersed
President
Hermann von Dechend (1876-1890) Richard Koch (1890-1908) Rudolf Havenstein (1908-1923) Hjalmar Schacht (1923-1930, 1933-1939) Hans Luther (1930-1933) Walther Funk (1939-1945)
Central bank of
German Empire Weimar Republic Nazi Germany Nazi-occupied territories
Currency
German mark (1876-1924) Reichsmark (1924-1945)
Preceded by
Bank of Prussia (1876) Oesterreichische Nationalbank (1938)
Succeeded by
Bank deutscher Länder (West Germany) Deutsche Notenbank (GDR) Oesterreichische Nationalbank (Austria) National Bank of Poland Gosbank
(East Prussia) Banque de France (Alsace-Lorraine) National Bank of Belgium (Luxembourg)
The Reichsbank (German:[ˈʁaɪçsˌbank]ⓘ; lit.'Bank of the Reich') was the central bank of the German Empire from 1876 until the end of Nazi Germany in 1945.[1]
^Budzinski, Prof Dr Oliver. "Definition: Reichsbank". wirtschaftslexikon.gabler.de (in German). Retrieved 2020-01-06.
The Reichsbank (German: [ˈʁaɪçsˌbank] ; lit. 'Bank of the Reich') was the central bank of the German Empire from 1876 until the end of Nazi Germany in...
Democratic Party. He served as the Currency Commissioner and President of the Reichsbank under the Weimar Republic. He was a fierce critic of his country's post-World...
Reichsbank building (in German the Haus am Werderschen Markt) is a building in Berlin, Germany, originally built in 1934–38 to house the Reichsbank,...
in 2020 currency) between 1937 and 1939. To mask the acquisition, the Reichsbank understated its official reserves in 1939 by $40m relative to the Bank...
basis,: 827 and also confidentially reported foreign debt data to the Reichsbank.: 829 By contrast, the Bank of France only gathered balance sheet information...
national unemployment rate. Economist Hjalmar Schacht, President of the Reichsbank and Minister of Economics, created a scheme for deficit financing in May...
exchangeable at a 1:1 rate for Reichsmarks but then discounted by the Reichsbank this created secret monetary expansion without formally renouncing the...
March 1857 – 20 November 1923) was a German lawyer and president of the Reichsbank (German central bank) during the hyperinflation of 1921–1923. Havenstein...
the Third Reich. In April and May 1945, the remaining reserves of the Reichsbank – gold (730 bars), cash (6 large sacks), and precious stones and metals...
served as Reich Minister for Economic Affairs (1938–1945) and president of Reichsbank (1939–1945). During his incumbency, he oversaw the mobilization of the...
the hyperinflation of 1923. From 1930 to 1933, Luther was head of the Reichsbank and from 1933 to 1937 he served as German Ambassador to the United States...
into freefall on the currency market. Foreign currency reserves at the Reichsbank dwindled. As hyperinflation took hold, the cabinet of Cuno resigned in...
who did not vote or who voted against. In August 1934, Hitler appointed Reichsbank President Hjalmar Schacht as Minister of Economics, and in the following...
was set up in May 1933, just after appointment of Hjalmar Schacht as Reichsbank President in March 1933, as a front for purchases from four German armament...
their short-term money from Germany as confidence spiraled downward. The Reichsbank lost 150 million marks in the first week of June, 540 million in the second...
transport of 4,944 boxes with 198 tonnes of gold to officials of the German Reichsbank and the German Government used it to purchase commodities and munitions...
shareholders' equity. Nevertheless, the bills were discounted by the Reichsbank. This way, the Reichsbank financed public building projects. In the wake of the Great...
the state, which was then sold or, in the case of bullion, sent to the Reichsbank. For example, in 1945 the Hungarian Gold Train was established to transport...
the remainder of 1921-22.: 237 From August 1921, the president of the Reichsbank, Rudolf Havenstein began a strategy of buying foreign currency with marks...
shoes, toys, wedding rings and gold teeth destined for the vaults of the Reichsbank. German Concentration Camps Factual Survey List of Holocaust films The...
billion marks. The highest value banknote issued by the Weimar government's Reichsbank had a face value of 100 trillion marks (1014; 100,000,000,000,000; 100...
economy, such as Gustav Krupp (of the conglomerate Krupp) and former Reichsbank president Hjalmar Schacht. At the London Conference, the question of which...
on 5 February 1924 with a capital of 7.5 million guilders, after the Reichsbank had ceased operations in the Free City on 31 December 1923. Its investors...
industry by financing raw material imports. It was liquidated in 1945. Reichsbank President Hjalmar Schacht founded the Goldnotenbank, the first name of...
(1933–1937) Reich Minister for Economics (1938–1945) and President of the Reichsbank (1939–1945). Karl Gebhardt – Personal physician of Heinrich Himmler; one...
economy, such as Gustav Krupp (of the conglomerate Krupp AG), former Reichsbank president Hjalmar Schacht, and economic planners Albert Speer and Walther...
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