Juroku Bank
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Juroku Bank
is a Japanese bank founded in Gifu, Gifu Prefecture as the 16th National Bank in 1877, which was reorganized to the ordinary commercial bank and renamed to Juroku Bank in 1896. It has been strengthening comprehensive financial services while experiencing a series of bank mergers. Its shares of stock were listed in 1969 on the first section of Tokyo Stock Exchange and Nagoya Stock Exchange and have been traded as . In 2012, it merged with Gifu Bank as the surviving bank. See also *Tom and Jerry#Outside the United States References External links Homepage of Juroku Bank, Annual Report
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Bank
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 a ...
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