Рет қаралды 109
From 1911 onwards, the diplomatic situation of the Comptoir National d’Escompte de Mulhouse became delicate. Caught between France and the German Empire of Wilhelm II, it became increasingly difficult for the bank to continue to attract French savers and it feared a massive withdrawal of deposits in the event of a crisis. In response to these uncertainties, the CNEM decided in 1913 to create an independent and completely French subsidiary, the Banque Nationale de Crédit (BNC). The BNC thus embarked on an energetic strategy to win over customers, making it one of the leading French banks.
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