On This Day

Vienna's Wiener Stadtbank established

The Wiener Stadtbank or Wiener Stadtbanco (lit. 'Municipal Bank of Vienna') was an Austrian municipal bank which in 1762 became the first note-issuing bank of the Habsburg monarchy.

The Wiener Stadtbank or Wiener Stadtbanco (lit. 'Municipal Bank of Vienna') was an Austrian municipal bank which in 1762 became the first note-issuing bank of the Habsburg monarchy. It was founded in 1706 by emperor Charles VI, and closed in 1811 after having been bankrupted by the financial stress from the Napoleonic Wars.

Historical Significance

The Wiener Stadtbank or Wiener Stadtbanco (lit.

Events Before

  1. Queen Anne of England knights scientist Isaac Newton at Trinity College, Cambridge

    Sir Isaac Newton (4 January [O.S. 25 December] 1643 – 31 March [O.S. 20 March] 1727) was an English polymath who was a mathematician, physicist, astronomer, alchemist, theologian, author and…

  2. Ottoman army officer Al-Ḥusayn ibn ʿAlī proclaims himself Bey of Tunis, founding the Husainid Dynasty (dynasty rules til

    Ottoman army officer Al-Ḥusayn ibn ʿAlī proclaims himself Bey of Tunis, founding the Husainid Dynasty (dynasty rules till 1957)

  3. Parliament declares Hungary independent, and Francis Rákóczi becomes king

    Parliament declares Hungary independent, and Francis Rákóczi becomes king

  4. The English fleet under Lord Peterborough occupies Barcelona

    The English fleet under Lord Peterborough occupies Barcelona

  5. Nicholas Rowe's play "Ulysses" premieres in London

    Ulysses is a 1705 tragedy by the British writer Nicholas Rowe. Rowe turned back to writing tragedies following his unsuccessful comedy The Biter of the previous year.

Events After

  1. John V succeeds his father, Peter II, as King of Portugal

    Dom John V (Portuguese: João Francisco António José Bento Bernardo; 22 October 1689 – 31 July 1750), known as the Magnanimous (o Magnânimo) and the Portuguese Sun King (o Rei-Sol Português), was King…

  2. Acts of Union come into force, uniting England and Scotland to form the Kingdom of Great Britain

    Great Britain, officially the Kingdom of Great Britain, was a sovereign state in Western Europe from 1707 to the end of 1800.

  3. German composer Johann Sebastian Bach marries for the 1st time his cousin Maria Barbara Bach

    German composer Johann Sebastian Bach marries for the 1st time his cousin Maria Barbara Bach

  4. The Act of Union is ratified by the Scottish Parliament

    The Treaty of Union is the name usually now given to the treaty which led to the creation of the new political state of Great Britain.

  5. Battle of Almansa; Franco-Spanish forces defeat British and Portuguese

    The Battle of Almansa took place on 25 April 1707, during the War of the Spanish Succession.

More from the 1700s

Frequently Asked Questions

What happened on March 8, 1706?
The Wiener Stadtbank or Wiener Stadtbanco (lit. 'Municipal Bank of Vienna') was an Austrian municipal bank which in 1762 became the first note-issuing bank of the Habsburg monarchy. It was founded in 1706 by emperor Charles VI, and closed in 1811 after having been bankrupted by the financial stress from the Napoleonic Wars.
Why is Vienna's Wiener Stadtbank established significant?
The Wiener Stadtbank or Wiener Stadtbanco (lit.

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