Bank of Baden

[2] Following discussions about the establishment of a central bank going at least as far back as 1844, the Grand Duchy of Baden was prompted into action by the momentum of German unification.

The government was a shareholder alongside private bankers from Baden, Adolf von Hansemann of the Berlin-based Disconto-Gesellschaft, and Baron Carl von Rothschild of the Frankfurt-based M. A. Rothschild & Söhne.

The cover of the notes in circulation was one-third in silver and two-thirds in gold or foreign exchange.

In return for the issuance privilege, the bank was obliged to distribute a fifth of its profits to the Grand-Ducal government after deducting a 5 percent dividend.

In 1937, it acquired the Carl Trautwein Bank in Freiburg im Breisgau.

Former head office of the Bank of Baden (until 1932) in Mannheim , rebuilt in the 1970s [ 1 ]
Former head office of the Bank of Baden after 1932 in Karlsruhe , previously the seat of Privatbank Straus & Co. [ 3 ]
Banknote issued by the Bank of Baden, 1902