Nagelmackers is a private bank in Belgium, the oldest in the country and the 14th oldest surviving bank in the world.[citation needed] It focuses on wealthy individuals and families, relying on a network of local offices. Since 2015, it has been owned by China's Anbang.[1]
Nagelmackers was founded in 1747 in Liège by Pierre Nagelmackers (1705-1780) and developed by his son Gérard Nagelmackers (1731-1798). In 1810, it purchased a building on Place de Louvain 12 in Brussels,[2] which it had rebuilt in 1870 on a design by architect Antoine Trappeniers [fr] and eventually became its head office.[3] The Nagelmackers family was instrumental in promoting the Liège International Exposition in 1905.[2] In 1910, it was restructured into a partnership French: société en commandite simple under the name Nagelmackers Fils & Cie.[4] In 1935, financier Paul de Launoit [nl] purchased shares in the bank from several members of the Nagelmackers family.[2] It was rebranded Banque Nagelmackers 1747 in the 1970s, with reference to the date of its founding.[4] By the late 1980s, it still kept its registered office (French: siège social) in Liège (Place de la Cathédrale 18), even though its main center of operations was in Brussels (Place de Louvain 12) with a third main seat in Namur (Rue des Dames Blanches 24).[5]
After 243 years in independent operation, Nagelmackers went into several successive changes of ownership. In 1990, its banking business was acquired by Banque Nationale de Paris. In 1994, BNP in turn sold it to Belgian insurer P&V Verzekeringen [nl]. In 2001, P&V sold it to Dutch insurer Delta Lloyd, which in 2005 replaced the Nagelmackers brand with Delta Lloyd Bank.[4] Also in 2005, Delta Lloyd sold the bank's operations in Luxembourg to Banque Degroof.[6] In December 2014, Delta Lloyd announced the sale of its banking arm to Anbang, which closed the transaction a few months later and revived the Nagelmackers brand in October 2015. In 2022, amid a downsizing program, Banque Nagelmackers moved to a new head office on Rue Montoyer 14 in Brussels.[7]
Family tomb of the Nagelmackers family in Angleur near Liège
Building at Place de Louvain 12 in Brussels, the Brussels office of Nagelmackers until the 1990s
Entrance lobby at Place de Louvain 12
Building at Avenue de l'Astronomie 23 in Brussels, Nagelmackers head office from the 1990s until 2022
Operationsedit
As of mid-2021, Nagelmackers had 22 branches and 41 independent agents.[7]
^Times, The Brussels. "The promised instant bank transfer is now ready for rollout". www.brusselstimes.com. Retrieved 2024-03-31.
^ abcCécile Oger, Nicole Caulier-Mathy and Nicole Haesenne-Peremans (2012), Inventaire des archives de la famille Nagelmackers(PDF), University of Liège
^"Place de Louvain 12". Région de Bruxelles-Capitale / Inventaire du Patrimoine Architectural.
^ abcPhilippe Janssens (17 July 2023). "Nagelmackers : une histoire belge pas comme les autres". Members Only.
^Banque Nagelmackers 1747 (October 1987), "La société d'une personne à responsabilité limitée" (PDF), Revue du Notariat Belge{{citation}}: CS1 maint: numeric names: authors list (link)
^"Belgium Private Bank Buys Luxembourg Private Bank". Wealth Briefing Asia. 29 September 2005.
^ abMarjorie Hoyaux (1 July 2021). "Un nouveau siège durable pour Nagelmackers".
banque, nagelmackers, nagelmackers, private, bank, belgium, oldest, country, 14th, oldest, surviving, bank, world, citation, needed, focuses, wealthy, individuals, families, relying, network, local, offices, since, 2015, been, owned, china, anbang, nvindustryb. Nagelmackers is a private bank in Belgium the oldest in the country and the 14th oldest surviving bank in the world citation needed It focuses on wealthy individuals and families relying on a network of local offices Since 2015 it has been owned by China s Anbang 1 Banque Nagelmackers nvIndustryBankingFounded1747 277 years ago 1747 HeadquartersRue Montoyer 14 Brussels BelgiumKey peopleDavid Yuan CEO AUM13 24 billion EURNumber of employees405 FTE 2020 Websitewww wbr nagelmackers wbr be Contents 1 History 2 Operations 3 See also 4 Notes 5 External linksHistory editNagelmackers was founded in 1747 in Liege by Pierre Nagelmackers 1705 1780 and developed by his son Gerard Nagelmackers 1731 1798 In 1810 it purchased a building on Place de Louvain 12 in Brussels 2 which it had rebuilt in 1870 on a design by architect Antoine Trappeniers fr and eventually became its head office 3 The Nagelmackers family was instrumental in promoting the Liege International Exposition in 1905 2 In 1910 it was restructured into a partnership French societe en commandite simple under the name Nagelmackers Fils amp Cie 4 In 1935 financier Paul de Launoit nl purchased shares in the bank from several members of the Nagelmackers family 2 It was rebranded Banque Nagelmackers 1747 in the 1970s with reference to the date of its founding 4 By the late 1980s it still kept its registered office French siege social in Liege Place de la Cathedrale 18 even though its main center of operations was in Brussels Place de Louvain 12 with a third main seat in Namur Rue des Dames Blanches 24 5 After 243 years in independent operation Nagelmackers went into several successive changes of ownership In 1990 its banking business was acquired by Banque Nationale de Paris In 1994 BNP in turn sold it to Belgian insurer P amp V Verzekeringen nl In 2001 P amp V sold it to Dutch insurer Delta Lloyd which in 2005 replaced the Nagelmackers brand with Delta Lloyd Bank 4 Also in 2005 Delta Lloyd sold the bank s operations in Luxembourg to Banque Degroof 6 In December 2014 Delta Lloyd announced the sale of its banking arm to Anbang which closed the transaction a few months later and revived the Nagelmackers brand in October 2015 In 2022 amid a downsizing program Banque Nagelmackers moved to a new head office on Rue Montoyer 14 in Brussels 7 nbsp Family tomb of the Nagelmackers family in Angleur near Liege nbsp Building at Place de Louvain 12 in Brussels the Brussels office of Nagelmackers until the 1990s nbsp Entrance lobby at Place de Louvain 12 nbsp Building at Avenue de l Astronomie 23 in Brussels Nagelmackers head office from the 1990s until 2022Operations editAs of mid 2021 Nagelmackers had 22 branches and 41 independent agents 7 See also editBanque Liegeoise Georges Nagelmackers List of oldest banks in continuous operationNotes edit Times The Brussels The promised instant bank transfer is now ready for rollout www brusselstimes com Retrieved 2024 03 31 a b c Cecile Oger Nicole Caulier Mathy and Nicole Haesenne Peremans 2012 Inventaire des archives de la famille Nagelmackers PDF University of Liege Place de Louvain 12 Region de Bruxelles Capitale Inventaire du Patrimoine Architectural a b c Philippe Janssens 17 July 2023 Nagelmackers une histoire belge pas comme les autres Members Only Banque Nagelmackers 1747 October 1987 La societe d une personne a responsabilite limitee PDF Revue du Notariat Belge a href Template Citation html title Template Citation citation a CS1 maint numeric names authors list link Belgium Private Bank Buys Luxembourg Private Bank Wealth Briefing Asia 29 September 2005 a b Marjorie Hoyaux 1 July 2021 Un nouveau siege durable pour Nagelmackers External links edit nbsp Banks portalHomepageArticle contains translated text from Bank Nagelmackers on the Dutch Wikipedia retrieved on 7 March 2017 nbsp nbsp This Belgian company related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Banque Nagelmackers amp oldid 1216504133, wikipedia, wiki, book, books, library,
