Banco de Zaragoza

Имя Banco de Zaragoza
Место Испания

The Bank of Zaragoza was founded in 1857 by Royal Decree of April 25, 1857, Royal Order of May 11, 1857 and Royal Order of August 1, 1857. Merged with the Bank of Spain in November 1874 and constituted again with the name of Banco de Crédito de Zaragoza (Statutes in "Gaceta" number 257, of September 14, 1875). It was absorbed by the Central Bank in 1947. The Law of Issuing Banks and Credit Companies approved on January 26, 1856 by the progressive Government of Spain favored the creation of issuing companies and banks in different provinces with the capacity to legally issue banknotes in Spain. On March 19, 1874, a Decree was promulgated that converted the Bank of Spain into a national bank that monopolized the issuance of banknotes. The provincial issuing banks had to decide between losing their privilege and continuing as commercial banks or being absorbed by the Bank of Spain.

Производство эмитента

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