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Bank Of The Ryukyus
is a regional bank serving Okinawa Prefecture in Japan. It was founded in 1948 by order of the U.S. military administration of Okinawa to serve as a central bank for occupied Okinawa, and was originally modeled after the Federal Reserve System of the United States and the Central Bank of the Philippines. During the U.S. administration, it was empowered to issue currency and oversee the financial administration of Okinawa in addition to serving as a commercial and retail bank. Following the repatriation of Okinawa in 1972, it was reorganized as a regional bank. It had an initial public offering on the Tokyo Stock Exchange The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed co ... in 1983. References Banks established in 1948 Regional banks of Japan Japanese companies estab ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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United States Civil Administration Of The Ryukyu Islands
The was the civil administration government in the Ryukyu Islands, Japan (centered on Okinawa Island), replacing the United States Military Government of the Ryukyu Islands (itself created at the conclusion of World War II) in 1950, and functioning until the islands were returned to Japan in 1972. History The U.S. National Archives and Records Administration describes USCAR's history thus: Following signing of the Instrument of Surrender, 2 September 1945, Ryukyu Islands were administered by Department of the Navy, 21 September 1945 – 30 June 1946, with Commanding Officer, Naval Operating Base, Okinawa functioning as chief military government officer under authority of Commander-in-Chief U.S. Pacific Fleet. Transfer of administration from Department of the Navy to War Department authorized by Joint Chiefs of Staff (JCS) approval, 1 April 1946, of JCS 819/11, 5 March 1946, with added proviso of JCS 819/12, 22 March 1946. Pursuant to implementing instructions of General Headqu ...
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Companies Based In Okinawa Prefecture
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Japanese Companies Established In 1948
Japanese may refer to: * Something from or related to Japan, an island country in East Asia * Japanese language, spoken mainly in Japan * Japanese people, the ethnic group that identifies with Japan through ancestry or culture ** Japanese diaspora, Japanese emigrants and their descendants around the world * Japanese citizens, nationals of Japan under Japanese nationality law ** Foreign-born Japanese, naturalized citizens of Japan * Japanese writing system, consisting of kanji and kana * Japanese cuisine, the food and food culture of Japan See also * List of Japanese people * * Japonica (other) * Japonicum * Japonicus * Japanese studies Japanese studies (Japanese: ) or Japan studies (sometimes Japanology in Europe), is a sub-field of area studies or East Asian studies involved in social sciences and humanities research on Japan. It incorporates fields such as the study of Japanese ... {{disambiguation Language and nationality disambiguation pages ...
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Regional Banks Of Japan
In geography, regions, otherwise referred to as zones, lands or territories, are areas that are broadly divided by physical characteristics (physical geography), human impact characteristics (human geography), and the interaction of humanity and the environment (environmental geography). Geographic regions and sub-regions are mostly described by their imprecisely defined, and sometimes transitory boundaries, except in human geography, where jurisdiction areas such as national borders are defined in law. Apart from the global continental regions, there are also hydrospheric and atmospheric regions that cover the oceans, and discrete climates above the land and water masses of the planet. The land and water global regions are divided into subregions geographically bounded by large geological features that influence large-scale ecologies, such as plains and features. As a way of describing spatial areas, the concept of regions is important and widely used among the many branches of ...
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Banks Established In 1948
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the ...
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Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$5.67 trillion as of February 2019. The exchange is owned by the Japan Exchange Group (JPX), a holding company that it also lists (). JPX was formed from its merger with the Osaka Exchange; the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a ''kabushiki gaisha'' (joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of compa ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Okinawa Reversion Agreement
The was an agreement between the United States and Japan in which the United States relinquished in favor of Japan all rights and interests under Article III of the Treaty of San Francisco, which had been obtained as a result of the Pacific War, and thus return the Okinawa Prefecture to Japanese sovereignty. The document was signed simultaneously in Washington, DC, and Tokyo on June 17, 1971, by William P. Rogers on behalf of United States President Richard Nixon and Kiichi Aichi on behalf of Japanese Prime Minister Eisaku Satō. The document was not ratified in Japan until November 24, 1971, by the National Diet. Terms The agreement is divided into nine major articles that specify the details of this agreement. America returned control of the Ryukyu Islands and the Daitō Islands (also known as the Okinawa Prefecture) to Japan, if the United States Armed Forces could occupy Okinawa as well have access to its facilities. The Americans maintained a large military presence in Okin ...
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Retail Bank
Retail banking, also known as consumer banking or personal banking, is the provision of services by a bank to the general public, rather than to companies, corporations or other banks, which are often described as wholesale banking. Banking services which are regarded as retail include provision of savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards. Retail banking is also distinguished from investment banking or commercial banking. It may also refer to a division or department of a bank which deals with individual customers. In the U.S., the term commercial bank is used for a ''normal'' bank to distinguish it from an investment bank. After the Great Depression, the Glass–Steagall Act restricted normal banks to banking activities, and investment banks to capital market activities. That distinction was repealed in the 1990s. Commercial bank can also refer to a bank or a division of a bank that deals mostly with deposits and loans from c ...
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Commercial Bank
A commercial bank is a financial institution which accepts deposits from the public and gives loans for the purposes of consumption and investment to make profit. It can also refer to a bank, or a division of a large bank, which deals with corporations or a large/middle-sized business to differentiate it from a retail bank and an investment bank. Commercial banks include private sector banks and public sector banks. History The name ''bank'' derives from the Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking activity can be found even in ancient times. In the United States, the term commercial bank was often used to distinguish it from an investment bank due to differences in bank regulation. After the Great Depression, through the Glass–Steagall Act, the U.S. Congress required that commercial banks only engage in ba ...
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Central Bank Of The Philippines
The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 as amended by Republic Act 11211 or the New Central Bank Act of 2019. History American era and World War II In 1900, the First Philippine Commission passed Act No. 52, which placed all banks under the Bureau of the Treasury and authorizing the Insular Treasurer to supervise and examine banks and all banking activity. In 1929, the Department of Finance, through the Bureau of Banking, took over bank supervision. By 1933, a group of Filipinos had conceptualized a central bank for the Philippine Islands. It came up with the rudiments of a bill for the establishment of a central bank after a careful study of the economic provisions of the Hare–Hawes–Cutting Act, which would grant Philippine independence after 12 years, bu ...
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