Bank of Java

Former head office of the Bank of Java in Batavia, now Bank Indonesia Museum in Jakarta

The Bank of Java (Dutch: De Javasche Bank N.V., abbreviated as DJB) was a note-issuing bank in the Dutch East Indies, founded in 1828, and nationalized in 1951 by the government of Indonesia to become the newly independent country’s central bank, later renamed Bank Indonesia. For more than a century, the Bank of Java was the central institution of the Dutch East Indies’ financial system, alongside the “big three” commercial banks (the Netherlands Trading Society, the Nederlandsch-Indische Handelsbank, and the Nederlandsch-Indische Escompto Maatschappij).[1]: 703  It was both a note-issuing bank and a commercial bank.

  1. ^ Shibata Yoshimasa (1996), "The monetary policy in the Netherlands East Indies under the Japanese administration", Bijdragen tot de Taal-, Land- en Volkenkunde, 152 (4), Brill: 699–724, doi:10.1163/22134379-90003959, JSTOR 27864801

Bank of Java

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