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Banking merchants and banking houses: the hidden key to the workings of the Spanish banking system in the nineteenth century

Author

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  • Jose Ramon
  • Garcia Lopez

Abstract

The historical study of the Spanish nineteenth-century banking system has been almost exclusively carried out through a consideration of the experiences of the joint-stock banks. But the very scarce number of these, and their territorial distribution, makes it necessary for us to look for other financial intermediaries who were able to satisfy the demand for banking services in that time and place. We demonstrate that this role was fulfilled by the banking merchants and banking houses operating through individual firms and partnerships. The object of this work is to make their activities better known and vindicate their importance. The sources used for the study are mainly the accounting documents of several banking houses.

Suggested Citation

  • Jose Ramon & Garcia Lopez, 2000. "Banking merchants and banking houses: the hidden key to the workings of the Spanish banking system in the nineteenth century," Accounting History Review, Taylor & Francis Journals, vol. 10(1), pages 37-56.
  • Handle: RePEc:taf:acbsfi:v:10:y:2000:i:1:p:37-56
    DOI: 10.1080/095852000330186
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    References listed on IDEAS

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    1. Lopez, Jose Ramon Garcia, 1994. "Las sociedades colectivas y comanditarias en la dinamica empresarial española del siglo XIX," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 12(1), pages 175-184, March.
    2. Lopez, Jose Ramon Garcia, 1989. "El sistema bancario español del siglo XIX: ¿Una estructura dual? Nuevos planteamientos y nuevas propuestas," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 7(1), pages 111-132, March.
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    Cited by:

    1. Maixe-Altes, J. Carles, 2009. "The diversity of organisational forms in banking: France, Italy and Spain 1900-2000," MPRA Paper 14838, University Library of Munich, Germany.
    2. Maixé-Altés, J. Carles & Iglesias, Emma M., 2009. "Domestic monetary transfers and the inland bill of exchange markets in Spain (1775-1885)," Journal of International Money and Finance, Elsevier, vol. 28(3), pages 496-521, April.

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