Centre of Financial Institutions, Auditing Department, 1859-1950

Collection

Holding institution (official language):: Magyar Nemzeti Levéltár Országos Levéltára

Title (official language):: Pénzintézeti Központ, Revizori osztály 1859-1950

Scope and content:: This collection contains files of the Centre of Financial Institutions: bank reports on accountants, board meetings, correspondence between the Jewish debtors, records on violation of the provisions of the anti-Jewish laws , board minutes and correspondence concerning deposits of gold and jewellery, liabilities to debtor’s account receivables, records of the Jewish deposits, loan portfolio, and debts; records of the Jewish Community of Pest, their savings and current account deposits, 1944; and records of the pension fund statutes.

Archival history:: The pre-1945 records of the Centre of Financial Institutions were taken to the National Archives in two parts, one in 1952-1953 and the other in 1965.

Administrative/biographical history:: The Centre of Financial Institutions was established by Act XIV of 1916. Operating in a cooperative form, its primary objective was strengthening the financial system weakened due to the crisis during WWI and supporting or liquidating the collapsing financial institutions. It was also an attempt to limit the independence of commercial banks and to put the financial transactions under state control. After 1945, the Centre of Financial Institutions played a major role in the nationalisation of the banking system and functioned as supervisory authority.

Subject terms:: Antisemitism; Antisemitism--Antisemitic legislation; Financial matters; Financial matters--Banks, banking, and bankers

System of arrangement:: The most complete and largest part of the collection is the records of the auditing department. These records are organised on a territorial basis: by counties and by the alphabetical order of localities.