Danatbank
Sign in to saveThe Darmstädter und Nationalbank, in shorthand Danat-Bank or Danatbank, was a large German joint-stock bank. It was formed in 1922 from the merger of the Bank für Handel und Industrie (Darmstadt), known as Darmstädter Bank, and the Nationalbank für Deutschland. Its failure in July 1931 was a significant episode of the European banking crisis of 1931.
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The Darmstädter und Nationalbank, in shorthand Danat-Bank or Danatbank, was a large German joint-stock bank. It was formed in 1922 from the merger of the Bank für Handel und Industrie (Darmstadt), known as Darmstädter Bank, and the Nationalbank für Deutschland. Its failure in July 1931 was a significant episode of the European banking crisis of 1931.
==Overview== thumb|left|150px|Seal of Danat-Bank's branch in Leipzig thumb|Danat-Bank building at Behrenstrasse 5 in 1931 thumb|Rush of savers from the Sparkasse (Germany)|Sparkasse of Berlin at Mühlendamm after the collapse of the Danatbank on 13 July 1931
Excerpted from Wikipedia’s “Danatbank” article, available under the CC BY-SA 4.0 licence.
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