The Deutsche Rentenbank was a bank established in Germany by a regulation of 15 October 1923 as a state-owned monetary authority authorised to issue Rentenmark currency notes following the collapse of the private Reichsbank's Papiermark currency. The Rentenbank reserves consisted of mortgages against leading industrial properties and the German public accepted these reserves as being sound. This meant that the monetary crisis caused by the public's lack of confidence in the currency of the Reichsbank waned and the hyperinflation ceased. The Rentenmarks continued to be accepted as currency in Germany until 1947.
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Act creating the Deutschen Rentenbank Reichsgesetzblatt Teil I, 17 October 1923
deutsche, rentenbank, this, article, does, cite, sources, please, help, improve, this, article, adding, citations, reliable, sources, unsourced, material, challenged, removed, find, sources, news, newspapers, books, scholar, jstor, january, 2024, learn, when, . This article does not cite any sources Please help improve this article by adding citations to reliable sources Unsourced material may be challenged and removed Find sources Deutsche Rentenbank news newspapers books scholar JSTOR January 2024 Learn how and when to remove this template message Not to be confused with Landwirtschaftliche Rentenbank The Deutsche Rentenbank was a bank established in Germany by a regulation of 15 October 1923 as a state owned monetary authority authorised to issue Rentenmark currency notes following the collapse of the private Reichsbank s Papiermark currency The Rentenbank reserves consisted of mortgages against leading industrial properties and the German public accepted these reserves as being sound This meant that the monetary crisis caused by the public s lack of confidence in the currency of the Reichsbank waned and the hyperinflation ceased The Rentenmarks continued to be accepted as currency in Germany until 1947 References editExternal links editAct creating the Deutschen Rentenbank Reichsgesetzblatt Teil I 17 October 1923 Documents and clippings about Deutsche Rentenbank in the 20th Century Press Archives of the ZBW nbsp This German bank or insurance related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Deutsche Rentenbank amp oldid 1197379178, wikipedia, wiki, book, books, library,
