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Bank Of Taiwan
The Bank of Taiwan (BOT, , see below) is a commercial bank headquartered in Taipei, Taiwan. It is owned by the government of Taiwan. History The Bank of Taiwan was established as Taiwan's central bank in 1899, during Japanese rule. The bank's creation was authorized in 1897 by the Bank Act of Taiwan which encouraged Japanese enterprises, such as the Mitsubishi and Mitsui Groups, to invest in Taiwan. Extensive cooperation ensued between the Nippon Kangyo Bank and the Bank of Taiwan. A financial crisis facing these banks in 1927 was relieved with assistance from the Bank of Japan. Bank branches were created in other parts of Asia as the Japanese empire expanded, including areas in China and Southeast Asia. After the Japanese surrender in 1945, the ROC government (led by the Chinese Nationalist Party, or KMT) took over the Bank of Taiwan and began issuing ''Taiwan dollars'', also known as ''Taiwan Nationalist Yuan'', through the Bank of Taiwan. This currency is now referr ...
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Super Basketball League
The Super Basketball League (超級籃球聯賽), often abbreviated as the SBL, is a semi-professional men's basketball list of basketball leagues, league in Taiwan. Current clubs Currently, there are four teams competing in the SBL. They are as follows: * Bank of Taiwan (basketball), Bank of Taiwan (臺灣銀行) * Changhua BLL (彰化柏力力) * Taiwan Beer (basketball), Taiwan Beer (台灣啤酒) * Yulon Luxgen Dinos (裕隆納智捷) Former clubs * Dacin Tigers (達欣工程) – now competes in the A-League (basketball), A-League * Taipei Fubon Braves, Fubon Braves (富邦勇士) – now competes in the P. League+ (PLG) * Jeoutai Technology (basketball), Kaohsiung Jeoutai Technology (高雄九太科技) – club dissolved on 30 May 2022 * Taoyuan Pauian Archiland (桃園璞園建築) – playing spot on loan to Changhua BLL Champions Champions and other postseason standings are listed below: Finals appearances This is a list of the teams which have advanced to ...
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United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ...
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Bank Of Japan
The is the central bank of Japan.Louis Frédéric, Nussbaum, Louis Frédéric. (2005). "Nihon Ginkō" in The bank is often called for short. It has its headquarters in Chūō, Tokyo, Chūō, Tokyo. History Like most modern Japanese institutions, the Bank of Japan was founded after the Meiji Restoration. Prior to the Restoration, Japan's feudal fiefs all issued their own money, ''Scrip of Edo period Japan, hansatsu'', in an array of incompatible denominations, but the ''New Currency Act'' of Meiji 4 (1871) did away with these and established the yen as the new decimal currency, which had parity with the Mexican silver dollar. The former Han (Japan), han (fiefs) became Prefectures of Japan, prefectures and their mints became private chartered banks which, however, initially retained the right to print money. For a time both the central government and these so-called "national" banks issued money. A period of unanticipated consequences was ended when the Bank of Japan was founded ...
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Dai-Ichi Kangyo Bank
, abbreviated as , was one of the largest banks in the world during the latter half of the 20th century. Dai-Ichi Kangyo Bank was created in 1971 by a consortium of two banks: Dai-Ichi Bank, Japan's oldest bank, and Nippon Kangyo Bank, a state financial institution that granted long-term loans to industry and agriculture. In 2000, it merged with Fuji Bank and the Industrial Bank of Japan to form Mizuho Financial Group. In 2002, DKB's corporate & investment banking division was transferred to Mizuho Corporate Bank, while its retail banking division was transferred to Mizuho Bank. History Dai-ichi Bank , originally Dai-Ichi Kokuritsu Bank (lit. First National Bank) was the first bank and the first kabushiki gaisha (joint share/stock company) ever to be established in Japan. Established by industrialist Shibusawa Eiichi in 1873, it was originally empowered to issue banknotes, until the Bank of Japan assumed this function in 1883. Subsequently, it became a purely commercial ba ...
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Mitsui
is one of the largest '' keiretsu'' in Japan and one of the largest corporate groups in the world. The major companies of the group include Mitsui & Co. ( general trading company), Sumitomo Mitsui Banking Corporation, Nippon Paper Industries, Pokka Sapporo Holdings, Toray Industries, Mitsui Chemicals, Isetan Mitsukoshi Holdings, Sumitomo Mitsui Trust Holdings, Mitsui Engineering & Shipbuilding, Mitsui O.S.K. Lines and Mitsui Fudosan. History Edo period origins Founded by Mitsui Takatoshi (1622–1694), who was the fourth son of a shopkeeperRíkarðsson, Árni (2020). ''Origins of the Zaibatsu conglomerates''. Bachelor’s thesis. Supervisor: Kristín Ingvarsdóttir. Reykjavik, University of Iceland, p. 15. in Matsusaka, in what is now today's Mie prefecture. From his shop, called Echigoya (越後屋), Mitsui Takatoshi's father originally sold miso and ran a pawn shop business. Later, the family would open a second shop in Edo (now called Tokyo). Takatoshi moved t ...
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Mitsubishi
The is a group of autonomous Japanese multinational companies in a variety of industries. Founded by Yatarō Iwasaki in 1870, the Mitsubishi Group historically descended from the Mitsubishi zaibatsu, a unified company which existed from 1870 to 1946. The company was disbanded during the occupation of Japan following World War II. The former constituents of the company continue to share the Mitsubishi brand and trademark. Although the group of companies participate in limited business cooperation, most famously through monthly "Friday Conference" executive meetings, they are formally independent and are not under common control. The four main companies in the group are MUFG Bank (the largest bank in Japan), Mitsubishi Corporation (a general trading company), Mitsubishi Electric and Mitsubishi Heavy Industries (both diversified manufacturing companies). History The Mitsubishi company was established as a shipping firm by Iwasaki Yatarō (1834–1885) in 1870 under the name ...
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Taiwan Under Japanese Rule
The island of Taiwan, together with the Penghu Islands, became a dependency of Japan in 1895, when the Qing dynasty ceded Fujian-Taiwan Province in the Treaty of Shimonoseki after the Japanese victory in the First Sino-Japanese War. The short-lived Republic of Formosa resistance movement was suppressed by Japanese troops and quickly defeated in the Capitulation of Tainan, ending organized resistance to Japanese occupation and inaugurating five decades of Japanese rule over Taiwan. Its administrative capital was in Taihoku (Taipei) led by the Governor-General of Taiwan. Taiwan was Japan's first colony and can be viewed as the first step in implementing their " Southern Expansion Doctrine" of the late 19th century. Japanese intentions were to turn Taiwan into a showpiece "model colony" with much effort made to improve the island's economy, public works, industry, cultural Japanization, and to support the necessities of Japanese military aggression in the Asia-Pacific. Th ...
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Central Bank
A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central bank possesses a monopoly on increasing the monetary base. Most central banks also have supervisory and regulatory powers to ensure the stability of member institutions, to prevent bank runs, and to discourage reckless or fraudulent behavior by member banks. Central banks in most developed nations are institutionally independent from political interference. Still, limited control by the executive and legislative bodies exists. Activities of central banks Functions of a central bank usually include: * Monetary policy: by setting the official interest rate and controlling the money supply; *Financial stability: acting as a government's banker and as the bankers' bank ("lender of last resort"); * Reserve management: managing a country's ...
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Bank Of Taiwan Head Office Building 1940
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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Government Of The Republic Of China
The Government of the Republic of China, is the national government of the Republic of China whose ''de facto'' territory currently consists of Taiwan, Penghu, Kinmen, Matsu and other island groups in the "free area". Governed by the Democratic Progressive Party, the president is the head of state. The government consists of the presidency and five branches (Yuan): the Executive Yuan, Legislative Yuan, Judicial Yuan, Examination Yuan, and Control Yuan. Originally established in 1912 in Nanking, the Government of the Republic of China relocated several times before finally moving to Taipei, Taiwan in 1949 because of its military losses in the Chinese Civil War. The government has historically been dominated by the Kuomintang under the Dang Guo authoritarian regime, but the situation has changed as Taiwan evolved into a multi-party democracy. Organizational structure The government formally consists of the presidency and five branches of government, modeled on Sun Yat ...
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Taipei City
Taipei (), officially Taipei City, is the Capital city, capital and a Special municipality (Taiwan), special municipality of the Taiwan, Republic of China (Taiwan). Located in Regions of Taiwan, Northern Taiwan, Taipei City is an enclave of the municipality of New Taipei City that sits about southwest of the northern port city of Keelung. Most of the city rests on the Taipei Basin, an ancient lakebed. The basin is bounded by the relatively narrow valleys of the Keelung River, Keelung and Xindian River, Xindian rivers, which join to form the Tamsui River along the city's western border. The city of Taipei is home to an estimated population of 2,646,204 (2019), forming the core part of the Taipei–Keelung metropolitan area, which includes the nearby cities of New Taipei and Keelung with a population of 7,047,559, the 40th most-populous urban area in the world—roughly one-third of Taiwanese citizens live in the metro district. The name "Taipei" can refer either to the whole m ...
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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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