Industry | Financial services |
---|---|
Founded | 1863 |
Defunct | 1960 |
Fate | part nationalized and part acquired |
Successor | Ultimate successors Bank Mandiri and ABN AMRO |
Headquarters | Amsterdam, Netherlands |
Products | Commercial banking and Retail banking |
The Nederlandsch-Indische Handelsbank (NIHB, lit. 'Dutch [East] Indies Trade Bank') was a Dutch bank established in 1863 to finance trade between the Netherlands and the Dutch East Indies. During most of the colonial period, it was the second-largest of the “big three” commercial banks, behind the Netherlands Trading Company and ahead of the Nederlandsch-Indische Escompto Maatschappij, that dominated the Dutch East Indies’ financial system alongside the note-issuing Bank of Java.[1]: 703
In 1950 following Indonesian independence, the bank was renamed the Nationale Handelsbank (NHB, lit. 'National Trade Bank'). In 1959, its Indonesian activities were nationalized, and later contributed to the formation of the state-owned Bank Mandiri in 1998. In 1960, the NHB's remaining activities were acquired by the Rotterdamsche Bank, and were subsequently involved in the series of mergers that created ABN AMRO.[2]