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The Danish-West Indian Nationalbank



Picture of Danish-West Indian banknote from 1860

The new bank on the Danish West Indian Islands was established as a limited liability banking company by Danmarks Nationalbank in 1904. It was formed on the basis of negotiations between Danmarks Nationalbank, Handelsbanken, Landmandsbanken and Privatbanken i Kjøbenhavn. One condition for its establishment was that the West Indian coin system become a permanent scheme. The islands were relinquished to the USA in 1917, but the Royal Danish banking privileges remained in force until they expired in 1934. Then the Danish-West Indian Nationalbank was discontinued and the US dollar introduced on the islands.









Last update: 05/13/2011

 
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Danmarks Nationalbank
Havnegade 5
DK - 1093
Copenhagen K
Denmark
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