Banque de Paris et des Pays-Bas (Paribas) was established on 27 January 1872, through the merger of "Banque de Crédit et de Dépôt des Pays-Bas", which had been established in 1820 by Louis-Raphaël Bischoffsheim in Amsterdam, and "Banque de Paris", which had been founded in 1869 by a group of Parisian bankers.