LIRO (Lippmann, Rosenthal & Co Sarphatistraat) (Q13767162)
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Nazi robber bank at Sarphatistraat, Amsterdam, which used the name of a former Dutch Jewish bank
- LIRO
- Lippmann, Rosenthal & Co (LIRO)
- Sarphatistraat
- Lippmann Rosenthal
| Language | Label | Description | Also known as |
|---|---|---|---|
| English | LIRO (Lippmann, Rosenthal & Co Sarphatistraat) |
Nazi robber bank at Sarphatistraat, Amsterdam, which used the name of a former Dutch Jewish bank |
|
Statements
8 August 1941
1 reference
Lippmann - Rosenthal bank (Dutch)
5 April 2024
Exterieur van het gebouw van de bank Lippmann Rosenthal Sarphatistraat.jpg
2,176 × 1,317; 319 KB
2,176 × 1,317; 319 KB
0 references
1 reference
In addition, from August 1941 Jews in the Netherlands were compelled to transfer their private assets to an independent department of the private bank Lippmann, Rosenthal & Co., run by Jewish owners; this department functioned as an office of the General Commissioner for Finance and the Economy. Shortly before the beginning of the deportations, the permitted exemption limits were reduced to a minimum. Although the Jews had not been formally expropriated, probably also because the authorities were mindful of the Hague Convention respecting the Laws and Customs of War on Land, they nonetheless lost the capability to dispose of their assets, which in early 1943 were transferred into so-called collective title accounts (Sammeltitel). Invested in German government bonds, the assets of the Dutch Jews now indirectly served to finance the war. (English)
2 references
Armstedt, Dr. The Hague. Director of Devisenschutkommando, which took over the Lippmann-Rosenthal Bank at The Hague for use as a repository for confiscated Jewish property. (English)