Austrian-Hungarian Bank (Twilight of a New Era)

The Austrian-Hungarian Bank (OUB/OMB) chartered in 1878, is the central bank of the Federal State and issues the Krone. Its joint central offices are in Vienna and Budapest.

The OUB/OMB was originally chartered has the central bank of Austria and Hungary, each ancient kingdom owing 50% of the property. The main organ of decision was the General Meeting that discussed and voted the general proposals of policy of the bank and elected the General Council in charge of the daily administration. Its dualistic character was embodied in its two managements and head offices in Vienna and Budapest that its still keep until today. There is an ongoing debate of establishing a third joint office in Prague, due to the industrial development of Bohemia.