De Surinaamsche Bank

De Surinaamsche Bank (Bank of Suriname in english) or DSB is one of the largest banks in Suriname.

History

1865: Simon Abendanon founds De Surinaamsche Bank (DSB) in Paramaribo. The Bank’s headquarters remains in Amsterdam though.
1948: Nederlandsche Handel-Maatschappij acquires the bank.
1951: Nederlandsche Handel-Maatschappij, which owns all the shares of DSB, transfers DSB’s headquarters to Paramaribo.
1957: DSB gives up the right to issue notes to the newly-formed Central Bank of Suriname.
1964: Nederlandsche Handel-Maatschappij merges with De Twentsche Bank to form Algemene Bank Nederland (ABN).
1977: The government of the Surinam Republic nostrifies DSB. The government takes 10% of the shares and requires that the bank sell 41% to the public. ABN retains 49%.
2001: ABN AMRO sells its 49% holding in DSB to Assuria N.V. Assuria already owned 5.6% of DSB so the purchase gives it majority control.