The Austrian National Bank, the Oesterreichische Nationalbank, was established in Vienna in the years after the Napoleonic Wars, when the Habsburg monarchy had suffered a state bankruptcy and needed to restore faith in its money. It was founded as a private privileged bank to issue banknotes, backed by silver, and it became the central bank of the Habsburg Empire and later of Austria-Hungary. After the First World War, it was restructured as the central bank of the Republic of Austria. It was taken over by the German Reichsbank in 1938 and re-established after 1945. Austria joined the euro in 1999, and the bank now forms part of the Eurosystem.
Before and after
- 10 December 1815Birth of Ada Lovelace
- from 1816 to 1858Seminole Wars
- 1816The Year Without a Summer
- 21 April 1816Birth of Charlotte Brontë
- 1 June 1816Founding of Austrian National Bank
- 27 August 1816Bombardment of Algiers
- 19 November 1816Founding of University of Warsaw
- 1817Discovery of cadmium
- from 1817 to 1818Great Rebellion of 1817–1818
More in Society, economy & sport
- 1869Founding of Goldman Sachs
- 1874Founding of Universal Postal Union
- 1878Founding of Manchester United F.C.
- 23 September 1889Founding of Nintendo
- 1 November 1897Founding of Juventus FC
- 6 March 1902Founding of Real Madrid Club de Fútbol
The era
This moment belongs to the Industrial era (1760 CE to 1914 CE), steam, factories and revolutions. You can also browse everything in the 19th century.