The Netherlands Trading Society (Dutch : Nederlandsche Handel-Maatschappij N.V. or NHM) was a Dutch trading and financial company, established in 1824, in The Hague by King William I to promote and develop trade, shipping and agriculture. For the next 140 years the NHM developed a large international branch network and increasingly engaged in banking operations. In 1964, it merged with Twentsche Bank to form Algemene Bank Nederland, itself a predecessor of ABN AMRO.
The NHM was a private company which issued publicly traded shares. According to the king, the NHM would act to leverage economic activity and encourage the development of national wealth. However, in practice it came down to expanding existing trade, by gathering data and searching for new markets as well as financing industry and shipping. Its close association with the Dutch government meant it played an important role in the development of trade between the Netherlands and the Dutch East Indies. [1] Its former headquarters in De Bazel in Amsterdam houses the Amsterdam Archives today. [2]
The NHM is sometimes called the successor of the Dutch East India Company or VOC, as it was also a private company that issued shares and financed trade with the Dutch East Indies. The establishment of the NHM can be seen as an attempt to bring new impetus to trade with the Dutch East Indies after the depression of the years of French domination (1795–1814), and the final collapse of the VOC two decades earlier. With playful reference to the greatness of the VOC, the NHM was colloquially known as Kompenie Ketjil or the "little company".[ citation needed ]
The NHM financing of trade and shipping led to the development of a network of branches which increasingly engaged in financing and banking operations. The network extended throughout South East Asia and on the trade routes between the Netherlands and the Dutch East Indies and the NHM continued to extend its network into the 20th century. It lost a number of its branches when the Indonesian government nationalised them in 1960 to form a new locally owned bank, but by then had branches in many other parts of the world.
The building at Vijzelstraat 32 in Amsterdam known today as "De Bazel"is named after its architect Karel de Bazel. It was originally built in 1919–1926 for the NHM and it is decorated with many details reminiscent of Indonesia, most notably the brickwork, which earned the building the nickname "spekkoek" It was later repurposed as the Amsterdam Archives.
PT Bank Mandiri (Persero) Tbk or Bank Mandiri, headquartered in Jakarta, is the largest bank in Indonesia in terms of assets, loans and deposits. Total assets as of 2022, were 1.992 Trillion rupiah. As of 2022, Bank Mandiri is the largest bank in Indonesia by total assets.
The Nederlandsch-Indische Handelsbank 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.
Bank Indonesia (BI) is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java, which had been created in 1828 to serve the financial needs of the Dutch East Indies.
Kota Tua Jakarta, officially known as Kota Tua, is a neighborhood comprising the original downtown area of Jakarta, Indonesia. It is also known as Oud Batavia, Benedenstad, or Kota Lama.
Algemene Bank Nederland was a Dutch bank that was created in 1964 through the merger of the Netherlands Trading Society with the Twentsche Bank. In 1991, ABN merged with Amsterdamsche en Rotterdamsche Bank to form ABN AMRO.
De Bazel is a listed/protected historic building on the west side of the Vijzelstraat in Amsterdam, and stretches from the Herengracht to the Keizersgracht. It stands as an example of Brick Expressionism.
Colonial buildings and structures in Jakarta include those that were constructed during the Dutch colonial period of Indonesia. The period succeeded the earlier period when Jakarta, governed by the Sultanate of Banten, were completely eradicated and replaced with a walled city of Batavia. The dominant styles of the colonial period can be divided into three periods: the Dutch Golden Age, the transitional style period, and Dutch modernism. Dutch colonial architecture in Jakarta is apparent in buildings such as houses or villas, churches, civic buildings, and offices, mostly concentrated in the administrative city of Central Jakarta and West Jakarta.
The Netherlands Indies Civil Administration was a semi-military organisation, established in April 1944, tasked with the restoration of civil administration and law of Dutch colonial rule after the capitulation of the Japanese occupational forces in the Dutch East Indies at the end of World War II.
Mandiri Museum, or Bank Mandiri Museum, is the corporate museum of the namesake Bank Mandiri, located in the old banking district of Jakarta Old Town in northern Jakarta, Indonesia. The museum is housed in the former headquarters of the Netherlands Trading Society, one of the primary ancestor of ABN AMRO. The museum is closed on Mondays and public holidays. It is located next to Museum Bank Indonesia, and right in front of Jakarta Kota Station.
Pieter Adriaan Jacobus "Piet" Moojen was a Netherlands-Indies architect, painter and writer. He studied architecture and painting in Antwerp. He lived and worked in the Dutch East Indies from 1903 to 1929. He was one of the first architects to implement Modernism in the Dutch East Indies. Moojen became widely known for his work on the Dutch entry at the Paris Colonial Exposition in 1931. He was active as an architect between 1909 and 1931.
Most railway lines in Indonesia were constructed during the Dutch colonial rule. After independence in 1945, many lines were abandoned. The current national rail operator, PT Kereta Api Indonesia (Persero), was founded on 28 September 1945.
New Indies Style is a modern architectural style used in the Dutch East Indies between the late 19th century through pre-World War II 20th century. New Indies Style is basically early modern (western) architecture, which applies local architectural elements such as wide eaves or prominent roof as an attempt to conform with the tropical climate of Indonesia.
N.V. Nederlandsch-Indische Spoorweg Maatschappij, abbreviated to NIS, NISM or N.V. NISM was a private-owned railways company in charge of rail transport in Java, Dutch East Indies. The company's headquarters were in Semarang, Central Java. The company started its maiden route from Semarang to the Vorstenlanden and in 1873 they also built their line to the Willem I Railway Station of Ambarawa–Kedungjati and Batavia–Buitenzorg lines. Later the network expanded to Bandung and Surabaya. It was absorbed into the present Kereta Api Indonesia after Indonesian independence in 1949. It was the main competitor to Staatsspoorwegen as state-owned railway company and established on April 6, 1875.
The Nederlandsch-Indische Levensverzekerings en Lijfrente Maatschappij was a major Dutch insurance business with substantial operations in the Dutch East Indies and in the Netherlands. After Indonesia became independent, its operations in the country were nationalized like those of other major Dutch financial firms, and formed the basis for today's Asuransi Jiwasraya. The Dutch activities continued and, through multiple mergers, became one of the predecessor entities of Aegon N.V.
The Bank of Java was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks. It was both a note-issuing bank and a commercial bank.
Petrus Hendrik Willem "Peter" Sitsen was a military officer, building contractor and public servant in colonial Indonesia. He was the architect of Indonesia's industrialisation policies during 1937–1942 and 1946–1950.
Untung Jawa, previously known as Amsterdam Island is an Indonesian island off the coast of Jakarta. It is part of the Thousand Islands and the capital of KelurahanPulau Untung Jawa.
George Antoon Philip Weijer (1891-1979) was a business representative in colonial Indonesia, an economics professor at the University of Utrecht, and a government advisor and company director in the Netherlands.
Blora Residency was an administrative division (Residency) of Central Java province of the Dutch East Indies with its capital at Blora, which existed between 1928 and 1931. It was significantly larger than the present-day Blora Regency, as it also contained Grobogan Regency and Purwodadi.
The Nederlandsch-Indische Escompto Maatschappij was a significant Dutch bank, founded in 1857 in Batavia, Dutch East Indies. In the first half of the 20th century, it was the smallest of the “big three” commercial banks, behind the Netherlands Trading Society and the Nederlandsch-Indische Handelsbank, that dominated the Dutch East Indies’ financial system alongside the note-issuing Bank of Java.
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