Bohemian Discount Bank

Encyclopedia : B : BO : BOH : Bohemian Discount Bank

Bohemian Discount Bank (Bebca, German: ) was a Prague-based bank with branches in most major towns of Bohemia and, later, Czechoslovakia.

Founded in 1863, it was aimed at promotion of industry. After the German Anschluss of Czechoslovakia and the creation of the Protectorate of Bohemia-Moravia, the bank was confiscated by the German state and partially attached to Dresdner Bank[link]. During the World War II the bank, headed by Rudolf Reiner[link], was one of the institutions entitled to the so-called Reinhardt's fund, that is the jewels, silver and gold confiscated from the concentration camp inmates[link]. It also financed construction of some of the concentration camps through commercial credits to the SS and its subsidiary DEST company. After the Prague Uprising the main seat of the bank in Prague has become the headquarters of the Social Democratic Party[link].

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.