Banque Commerciale pour l'Europe du Nord – Eurobank

Banque Commerciale pour l’Europe du Nord (BCEN) or Banque Commerciale pour l'Europe du Nord - Eurobank (BCEN-Eurobank) was a Soviet-controlled bank in Paris.[1]

In 2005 Russian Vneshtorgbank became the major shareholder. Vneshtorgbank changed its name to VTB Bank and BCEN-EUROBANK name was changed to VTB Bank (France) SA.

History

The Soviet Union used the bank to manage Spain's gold reserves during the Spanish civil war.[2]

References

  1. ^ The piratization of Russia: Russian reform goes awry. Marshall I. Goldman.
  2. ^ http://www.gutenberg-e.org/kod01/frames/fkod16.html

See also