Comptoir d'Escompte de Mulhouse
The Comptoir d'Escompte de Mulhouse (CEM) was a bank founded in 1848 in Mulhouse under the Second French Republic, and expanded dynamically from the late 19th century, when it was under jurisdiction of the German Empire following the Franco-Prussian War. It spun off its French network in 1913 as the Banque Nationale de Crédit, which eventually acquired its former parent in 1930.