Société des Dépôts et Comptes Courants

Its business was subsequently taken over by the recently restructured Comptoir d'Escompte de Paris.

In 1862–1863, Armand Donon fostered the creation of the Société des Dépôts et Comptes Courants and became the new institution's chairman.

The SDCC was formally established by executive order (French: décret) on 6 July 1863.

[1]: 6 From the late 1870s, Donon engaged in increasingly reckless risk-taking at the SDCC and withheld the relevant information from the bank's board.

The SDCC was subsequently absorbed in 1892 by the Comptoir national d'escompte de Paris.

Building at 2, Place de l'Opéra in Paris , head office of the SDCC from 1869 to 1891