# Almanij
> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Almanij
> Markdown URL: https://mediated.wiki/source/Almanij.md
> Source: https://en.wikipedia.org/wiki/Almanij
> Source revision: 1296145807
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)
{{Short description|Belgian holding company}}
{{No footnotes|date=August 2020}}
[[File:Snijders&Rockoxhuis 01.jpg|thumb|the {{lang|nl|Snydershuis}} in [Antwerp](/source/Antwerp) (Keizerstraat 8), former seat of Almanij]]
'''Almanij''' (for '''''Al'''gemene'' '''''Ma'''atschappij'' voor '''''Nij'''verheidskrediet'', "General Credit Company for Industry")[Algemene Maatschappij voor Nijverheidskrediet, traduisible en français par Société Générale de Crédit Industriel] was a [Belgian](/source/Belgium) [holding company](/source/holding_company) active in [financial services](/source/financial_services), created in 1931 and merged into [KBC Group](/source/KBC_Group) in March 2005.
==History==
Almanij was incorporated in 1931 as an initiative of the [Catholic](/source/Roman_Catholic_Church) [Algemeene Bankvereeniging](/source/Algemeene_Bankvereeniging), a Belgian bank founded by the ''Leuvense Volksbank'' ([Leuven](/source/Leuven)) in [Antwerp](/source/Antwerp) in 1921. This was done in order to regroup its industrial holdings in Belgium and [Hungary](/source/Hungary). In 1935, the [Middenkredietkas](/source/Middenkredietkas) went nearly bankrupt due to the economic crisis, which led to the establishment of the ''Kredietbank'' of which Almanij became a shareholder. The [Catholic](/source/Roman_Catholic_Church) ''Boerenbond'' (E: Belgian Farmers’ Union) created its own network of savings banks: CERA instead of relying on the [Middenkredietkas](/source/Middenkredietkas), which was closely related to the Algemeene Bankvereeniging. In 1949, the ''Kredietbank Luxembourgeoise'' was founded in [Luxembourg](/source/Luxembourg), which specialized in [private banking](/source/private_banking).
In 1997, Almanij gained control of Gevaert, an investment company created in 1981 by [Andre Leysen](/source/Andre_Leysen) to manage the proceeds of the sale of Agfa-Gevaert to the German company, [Bayer](/source/Bayer). Almanij acquired all shares of Gevaert in 2002. In 1998, Kredietbank Group with CERA Bank and ''Assurantiën Belgische Boerenbond'' (E:ABB-insurance) merged into ''KBC Bank and Insurance Group''. In 2004, all activities outside the KBC and KBL groups were transferred to Gevaert.
Almanij used to hold four stakes in major companies:
* [Gevaert](/source/Gevaert_(investment_company)) NV (investment company which owns 27.2% of [Agfa-Gevaert](/source/Agfa-Gevaert)) (Almanij 100%)
* Almafin (Almanij 100%)
* [KBC Bank](/source/KBC_Bank) (Almanij 69.18%)
* Kredietbank Luxembourgeoise (KBL) (Almanij 78.60%)
In 2005, Almanij ceased to exist as a separate entity when it merged with KBC to form the [KBC Group](/source/KBC_Group).[{{Cite web |title=KBC slorpt Almanij op |url=https://www.standaard.be/cnt/dmf23122004_017 |access-date=2022-09-14 |website=De Standaard |date=22 December 2004 |language=nl-BE}}]
==See also==
* [ARCO Group](/source/ARCO_Group)
* [Asphales](/source/Asphales)
==Sources==
* [https://web.archive.org/web/20060329190400/http://www.kbc.com/images/pdf/Financial_Information/Almanij_history_EN.pdf Almanij]
* [http://www.econ.kuleuven.be/tem/jaargangen/1981-1990/1990/TEM1990-4/TEM1990-4_329-359p.pdf Het bank- en verzekeringsgswezen in Antwerpen tijdens het interbellum] (Dutch)
* [http://kbc-pdf.kbc.be/Financial_Information/kbc-ned_p176-184.pdf Fusie van KBC en Almanij] (Dutch)
* [http://www.standaard.be/Artikel/Detail.aspx?artikelId=GVAB8SAB&kanaalid=42 Van Middenkredietkas tot Almanij] (Dutch)
* [https://web.archive.org/web/20050118035517/http://www.politics.be/nieuws/3084/ Kbc neemt Almanij over] (Dutch)
== References ==
Category:Financial services companies established in 1931
Category:Financial services companies of Belgium
Category:Holding companies of Belgium
{{finance-company-stub}}
{{Belgium-company-stub}}
---
Adapted from the Wikipedia article [Almanij](https://en.wikipedia.org/wiki/Almanij) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Almanij?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.