Credit Foncier Cubain - 1912 dated Havana Cuba Banking Bond (Uncanceled)
Inv# FB5108 Bond
500 Francs 5% Uncanceled Bond by American Bank Note Co., NY. Extremely Rare! In the second half of the 19th century, French farmers struggled to obtain long-term, flexible, reasonably-priced credit. There were several attempts to set up farming banks, including Crédit Foncier de France in 1861, but none were successful. In 2022, subsidiaries of Crédit Agricole that operate from Switzerland and Monaco agreed to pay over $1 million to the United States for violating sanctions against a number of countries, including Sudan, Syria, Cuba, and the Crimea region of Ukraine. Read more at https://en.wikipedia.org/wiki/Cr%C3%A9dit_Agricole
A bond is a document of title for a loan. Bonds are issued, not only by businesses, but also by national, state or city governments, or other public bodies, or sometimes by individuals. Bonds are a loan to the company or other body. They are normally repayable within a stated period of time. Bonds earn interest at a fixed rate, which must usually be paid by the undertaking regardless of its financial results. A bondholder is a creditor of the undertaking.
Ebay ID: labarre_galleries