Shanghai Commercial And Savings Bank
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Shanghai Commercial And Savings Bank
The Shanghai Commercial and Savings Bank () is a bank of the Republic of China, currently based in Taipei, Taiwan. In 1915, it was founded by Chen Guangfu ( K. P. Chen) in Shanghai, mainland China. Chen became the first president, and The-Chin Chuang was elected first chairman. Early years The bank was established in Shanghai in 1915 by Chen Guangfu, a graduate of the Wharton School of Finance and one of the most successful Chinese bankers of the 20th century.''The Making of Modern Chinese Financial Entrepreneurship: The Case of Chen Guangfu'' by Pui-tak Lee, University of Hong Kong In 1931, the Bank completed the construction of its head office building in Shanghai, which was the most modern banking edifice in China at that time. The bank started its business with a capital of less than 100,000 silver dollars and with a workforce of four. In 1934, the bank had become the nation’s top private bank, with over 2,700 employees and over 110 branches. World War 2 During Worl ...
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Kwang Pu Chen
Kwang Pu Chen (; 1880 – July 1976) was a Shanghai-based Chinese banker and State Councillor. He was the founder of the first modern Chinese savings bank, the Shanghai Commercial and Savings Bank, the Shanghai Commercial Bank, a travel agency, as well as the China Assurance Corporation Ltd. He was one of China's most successful entrepreneurs in the twentieth century, particularly influential in the financial and business world of Shanghai. He played a key role in negotiating financial aid from the United States in 1937-1940, working with Treasury Secretary Henry Morgenthau.Yuwu Song, ed., ''Encyclopedia of Chinese-American Relations'' (McFarland, 2009) pp 52-53. Linsun Cheng, in his ''Banking in Modern China: Entrepreneurs, Professional Managers, and the Development of Chinese'', says, "It is almost impossible to describe any significant innovation in the history of modern Chinese banks without mentioning K. P. Chen's name." Early life In 1880, K. P. Chen was born in Dan ...
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Kaohsiung
Kaohsiung City ( Mandarin Chinese: ; Wade–Giles: ''Kao¹-hsiung²;'' Pinyin: ''Gāoxióng'') is a special municipality located in southern Taiwan. It ranges from the coastal urban center to the rural Yushan Range with an area of . Kaohsiung City has a population of approximately 2.72 million people as of May 2022 and is Taiwan's third most populous city and largest city in southern Taiwan. Since founding in the 17th century, Kaohsiung has grown from a small trading village into the political and economic centre of southern Taiwan, with key industries such as manufacturing, steel-making, oil refining, freight transport and shipbuilding. It is classified as a "Gamma −" level global city by the Globalization and World Cities Research Network, with some of the most prominent infrastructures in Taiwan. The Port of Kaohsiung is the largest and busiest harbor in Taiwan while Kaohsiung International Airport is the second busiest airport in number of passengers. The cit ...
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Banks Of Taiwan
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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Defunct Banks Of China
Defunct (no longer in use or active) may refer to: * ''Defunct'' (video game), 2014 * Zombie process or defunct process, in Unix-like operating systems See also * * :Former entities * End-of-life product * Obsolescence Obsolescence is the state of being which occurs when an object, service, or practice is no longer maintained or required even though it may still be in good working order. It usually happens when something that is more efficient or less risky r ...
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Columbia University
Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhattan, Columbia is the oldest institution of higher education in New York and the fifth-oldest institution of higher learning in the United States. It is one of nine colonial colleges founded prior to the Declaration of Independence. It is a member of the Ivy League. Columbia is ranked among the top universities in the world. Columbia was established by royal charter under George II of Great Britain. It was renamed Columbia College in 1784 following the American Revolution, and in 1787 was placed under a private board of trustees headed by former students Alexander Hamilton and John Jay. In 1896, the campus was moved to its current location in Morningside Heights and renamed Columbia University. Columbia scientists and scholars have ...
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List Of Banks In Taiwan
This is a list of banks in Taiwan, including the government-owned banks of the Taiwan. Central Bank * Central Bank of the Republic of China (Taiwan) Governmental institutions Existing National Institutions * Agricultural Bank of Taiwan * Export–Import Bank of the Republic of China Postal Savings Bank *Chunghwa Post Taiwan-based banks * Bank of Taiwan *Land Bank of Taiwan *Taiwan Cooperative Bank * * Hua Nan Commercial Bank *Chang Hwa Bank *Citibank Taiwan *Shanghai Commercial and Savings Bank * Taipei Fubon Bank * Taipei Star Bank * Cathay United Bank * Bank of Kaohsiung *Mega International Commercial Bank * O-Bank *Taiwan Business Bank *Standard Chartered Bank (Taiwan) * Taichung Bank * King's Town Bank *HSBC Bank (Taiwan) * Hwatai Bank * Taiwan Shin Kong Commercial Bank *Sunny Bank * Bank of Panshin * COTA Commercial Bank * Union Bank of Taiwan * Far Eastern international Bank * Yuanta Bank *Bank SinoPac * E.SUN Commercial Bank * KGI Bank *DBS Bank (Taiwan) * Taishi ...
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List Of Companies Of Taiwan
Taiwan maintains a stable industrial economy as a result of economic growth and industrialization during the late 20th century, being dubbed as one of the Four Asian Tigers along with Hong Kong, Singapore and South Korea. It is a member of both the World Trade Organization and the Asia-Pacific Economic Cooperation. The 21st-largest economy in the world, its high-tech industry plays a key role in the global economy. Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2019. Notable firms This list includes notable companies with primary headquarters located in the country. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct. ...
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Bank Of Shanghai
Bank of Shanghai Co., Ltd. (BOSC) is an urban commercial bank based in Shanghai in China. The bank was ranked 73rd among 1000 banks around the world by '' The Banker'' in terms of their Tier 1 capital in 2020. History The Bank of Shanghai was founded on December 29, 1995, as the Shanghai City Cooperative Bank, by the merger of 98 City Cooperative Credit Unions of Shanghai, together with the Joint Union of the Shanghai City Cooperative Credit Unions. The company resolved to change its name to the "Bank of Shanghai" in 1998, and regulatory registration of the new name was completed in 2000. Headquartered in Shanghai, China, it is a listed company on the main board of the Shanghai Stock Exchange with stock code 601229. In September 1999 and December 2001, Bank of Shanghai received equity investments from International Finance Corporation of the World Bank Group, The Hong Kong and Shanghai Banking Corporation (HSBC) and The Shanghai Commercial Bank of Hong Kong. Prior to 1949, Shangha ...
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Shanghai Commercial Bank
The Shanghai Commercial Bank (SCB; Chinese: 上海商業銀行) is an international bank based in Hong Kong. Its subsidiary companies offer banking and financial services across the world, but mainly in China, the United Kingdom, and the United States. The bank was founded by Chen Guangfu (K. P. Chen) in 1915. As a group, it employs over 1,790 people. The bank is a financial institution incorporated in Hong Kong. The address of its registered headquarters is 12 Queen's Road Central, Central, Hong Kong. History Historically, the Shanghai Commercial Bank was founded in Shanghai in 1915 under the leadership of K.P. Chen (1881–1976), a graduate of the University of Pennsylvania's Wharton School of Finance. In 1927, the Shanghai Commercial Bank established a travel service division, which later became the independent China Travel Service. The bank expanded in the late 1920s and early 1930s, endured the period of Japanese aggression, but suffered significant set-backs during the ...
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Chongqing
Chongqing ( or ; ; Sichuanese pronunciation: , Standard Mandarin pronunciation: ), alternately romanized as Chungking (), is a municipality in Southwest China. The official abbreviation of the city, "" (), was approved by the State Council on 18 April 1997. This abbreviation is derived from the old name of a part of the Jialing River that runs through Chongqing and feeds into the Yangtze River. Administratively, it is one of the four municipalities under the direct administration of the central government of the People's Republic of China (the other three are Beijing, Shanghai, and Tianjin), and the only such municipality located deep inland. The municipality of Chongqing, roughly the size of Austria, includes the city of Chongqing as well as various discontiguous cities. Due to a classification technicality, Chongqing municipality can claim to be the largest city proper in the worldthough it does not have the world's largest urban area. Chongqing is the only city ...
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Republic Of China
Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the northeast, and the Philippines to the south. The territories controlled by the ROC consist of 168 islands, with a combined area of . The main island of Taiwan, also known as ''Formosa'', has an area of , with mountain ranges dominating the eastern two-thirds and plains in the western third, where its highly urbanised population is concentrated. The capital, Taipei, forms along with New Taipei City and Keelung the largest metropolitan area of Taiwan. Other major cities include Taoyuan, Taichung, Tainan, and Kaohsiung. With around 23.9 million inhabitants, Taiwan is among the most densely populated countries in the world. Taiwan has been settled for at least 25,000 years. Ancestors of Taiwanese indigenous peoples settled the island around 6,0 ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, massa ...
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