The Ten Oldest Surviving Banks In The World
9. Sveriges Riksbank
Sveriges Riksbank is usually called as the Riksbank and is the world's oldest central bank and was established in 1668 in Sweden. During the first decades of the post-war era it regulated the credit and also played the leading role in the 500-percent defence of the Swedish krona. One after the other financial crisis followed the bank, in some situations it failed and in some it stood strongly. The Riksbank maintained a dominant position as an issuer of bank-notes and a credit institution in the 19th century. Currently this bank holds the fourth position in the list of oldest banks when it comes to operations.
10. HSBC Trinkaus
HSBC Trinkaus originally known as HSBC Trinkaus & Burkhardt AG operates as a general financial company in Dusseldorf, Gremany. It is also one of the members of HSBC Group and was established in 1785. HSBC Trinkaus has its operations in various sectors for instance private, commercial and asset management and investment banking. A majority stake in Trinkaus & Burkhardt was acquired by the UK-based Midland Bank in 1980, but five years later, Trinkaus & Burkhardt converted to a partnership limited by shares and was listed on the stock exchange. In 1992 HSBC acquired Midlanbank along with its stake.
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