Württembergische Notenbank

[2] No fewer than seven different projects of creating a central bank for the Kingdom of Württemberg between 1848 and 1866.

Württemberg decided to pre-empt this situation by creating a note-issuing bank before the entry into force of the interdiction to do so.

The Württembergische Notenbank was thus authorized by legislation of July 1871, registered on 23 October 1871, and granted a note-issuance privilege on 20 December 1871, less than two weeks before the deadline set by imperial law.

In 1923, the State of Württemberg acquired a majority stake of 62 percent of the bank's equity capital.

[3]: 467 The bank was established at Friedrichsstrasse 22 in Stuttgart before World War II.