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Private company

Nederlandsch Indische Escompto-Maatschappij

Dutch bank (founded 1857)

The Nederlandsch-Indische Escompto Maatschappij (NIEM, lit. 'Dutch [East] Indies discount company') was a significant Dutch bank, founded in 1857 in Batavia, Dutch East Indies. In the first half of the 20th century, it was the smallest of the “big three” commercial banks, behind the Netherlands Trading Society and the Nederlandsch-Indische Handelsbank, that dominated the Dutch East Indies’ financial system alongside the note-issuing Bank of Java.2 It ceased to exist in 1960.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1859Founded1
  • Industryfinancial service activities, except insurance and pension funding1
  • HeadquartersBatavia1

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COLLECTIE TROPENMUSEUM Kantoor van de Nederlandsch Indische Escompto Maatschappij in Batavia TMnr 10015469
Photo: Unknown author Unknown author, CC BY-SA 3.0, via Wikimedia Commons3

The Nederlandsch-Indische Escompto Maatschappij (NIEM, lit. 'Dutch [East] Indies discount company') was a significant Dutch bank, founded in 1857 in Batavia, Dutch East Indies. In the first half of the 20th century, it was the smallest of the “big three” commercial banks, behind the Netherlands Trading Society and the Nederlandsch-Indische Handelsbank, that dominated the Dutch East Indies’ financial system alongside the note-issuing Bank of Java.2

Timeline

  1. 1960Dissolved Dissolved1
  2. 1859Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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