|
Three Southern Banks
Three Southern Banks () referred to the three most capitalized commercial banks in the south of Yangtze River in the Republic of China in the 1920s, in contrast to the Four Northern Banks (北四行) of Northern China. With their headquarters in Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ..., the three banks cooperated to form the group. The three banks were The National Commercial Bank (浙江興業銀行), the Chekiang Industrial Bank (浙江實業銀行) and the Shanghai Commercial and Savings Bank (上海商業儲蓄銀行). References {{reflist Defunct banks of China Banking in China 1920s in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalisation
Market capitalization, sometimes referred to as market cap, is the total value of a publicly traded company's outstanding common shares owned by stockholders. Market capitalization is equal to the market price per common share multiplied by the number of common shares outstanding. Since outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation. Description Market capitalization is sometimes used to rank the size of companies. It measures only the equity component of a company's capital structure, and does not reflect management's decision as to how much debt (or leverage) is used to finance the firm. A more comprehensive measure of a firm's size is enterprise value (EV), which gives effect to outstanding debt, preferred stock, and other factors. For insurance firms, a value called the embedded value (EV) has been used. It is also u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Commercial Banks
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 ban ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangtze River
The Yangtze or Yangzi ( or ; ) is the longest list of rivers of Asia, river in Asia, the list of rivers by length, third-longest in the world, and the longest in the world to flow entirely within one country. It rises at Jari Hill in the Tanggula Mountains (Tibetan Plateau) and flows in a generally easterly direction to the East China Sea. It is the List of rivers by discharge, seventh-largest river by discharge volume in the world. Its drainage basin comprises one-fifth of the land area of China, and is home to nearly one-third of the demographics of China, country's population. The Yangtze has played a major role in the history of China, history, culture of China, culture, and economy of China. For thousands of years, the river has been used for water, irrigation, sanitation, transportation, industry, boundary-marking, and war. The prosperous Yangtze Delta generates as much as 20% of historical GDP of China, China's GDP. The Three Gorges Dam on the Yangtze is the list ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of China (1912–1949)
The Republic of China (ROC), between 1912 and 1949, was a sovereign state recognised as the official designation of China when it was based on Mainland China, prior to the Retreat of the government of the Republic of China to Taiwan, relocation of Government of the Republic of China, its central government to Taiwan as a result of the Chinese Civil War. At a Population history of China, population of 541 million in 1949, it was the List of countries and dependencies by population, world's most populous country. Covering , it consisted of 35 provinces of China, provinces, 1 Special administrative regions of China#ROC special administrative regions, special administrative region, 2 regions, 12 special municipality (Republic of China), special municipalities, 14 leagues, and 4 special banners. The China, People's Republic of China (PRC), which rules mainland China today, considers ROC as a country that ceased to exist since 1949; thus, the history of ROC before 1949 is often ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Four Northern Banks
Four Northern Banks () referred to the four most capitalized commercial banks in the north of the Yangtze River in the Republic of China in the 1920s, in contrast to the Three Southern Banks (南三行) of Southern China. The four banks were the Yien Yieh Commercial Bank (鹽業銀行), the Kincheng Banking Corporation (金城銀行), the Continental Bank (大陸銀行) and the China & South Sea Bank (中南銀行). See also *Yien Yieh Commercial Bank * Kincheng Banking Corporation * Continental Bank * China & South Sea Bank *Three Southern Banks Three Southern Banks () referred to the three most capitalized commercial banks in the south of Yangtze River in the Republic of China in the 1920s, in contrast to the Four Northern Banks (北四行) of Northern China. With their headquarters i ... References {{reflist Defunct banks of China Banking in China 1920s in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North China
North China, or Huabei () is a List of regions of China, geographical region of China, consisting of the provinces of Beijing, Tianjin, Hebei, Shanxi and Inner Mongolia. Part of the larger region of Northern China (''Beifang''), it lies north of the Qinling–Huaihe Line, with its heartland in the North China Plain. In modern times, the area has shifted in terms of socio-political and economic composition. Nowadays unique, embracing a North Chinese culture, it is influenced by Marxism, Soviet Union, Soviet systems of industry while preserving a traditional Chinese indigenous culture. Agriculturally, the region cultivates wheat. Most inhabitants here speak variants of Northern Chinese languages such as Mandarin Chinese, Mandarin, which includes Beijing dialect and its cousin variants. The Beijing dialect is largely the basis of Standard Chinese (or Standard Mandarin), the official language of the People's Republic of China (PRC). Jin Chinese and Mongolian language, Mongolian ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Headquarters
Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the top of a corporation taking full responsibility for managing all business activities. In the United Kingdom, the term head office (or HO) is most commonly used for the headquarters of large corporations. The term is also used regarding military organizations. Corporate A headquarters is the entity at the top of a corporation that takes full responsibility for the overall success of the corporation, and ensures corporate governance. The corporate headquarters is a key element of a corporate structure and covers different corporate functions such as strategic planning, corporate communications, tax, legal, marketing, finance, human resources, information technology, and procurement. This entity includes the chief executive officer (CEO) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. With a population of 24.89 million as of 2021, Shanghai is the most populous urban area in China with 39,300,000 inhabitants living in the Shanghai metropolitan area, the second most populous city proper in the world (after Chongqing) and the only city in East Asia with a GDP greater than its corresponding capital. Shanghai ranks second among the administrative divisions of Mainland China in human development index (after Beijing). As of 2018, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (nominal) of nearly 9.1 trillion RMB ($1.33 trillion), exceeding that of Mexico with GDP of $1.22 trillion, the 15th largest in the world. Shanghai is one of the world's major centers for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The National Commercial Bank
The National Commercial Bank Limited, also known as Zhejiang Xingye Bank (), was a Chinese bank considered one of the " Three Southern Banks" during nationalist government era. It was merged to Bank of China (Hong Kong) in 2001. History *1907: Founded in Hangzhou by Zhejiang Provincial Railway Company (). *1908: Opened its Shanghai branch. *1915: Moved headquarters to Shanghai. *1946: Established Hong Kong branches. *1980: Moved headquarters to Beijing. *1989: Became a wholly owned subsidiary of Bank of China Group Bank of China Group (中銀集團;BOCG) was the brand used to denote 13 banks that were almost entirely owned by the Chinese government that operated in Hong Kong, until their merger in 2001 to form Bank of China (Hong Kong). The exception was the .... *2001: Merged to form Bank of China (Hong Kong). [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chekiang Industrial Bank
Chekiang First Bank was a bank in Hong Kong incorporated in 1950 by Li Ming. It is now merged to Wing Hang Bank. At the time of the merger with Wing Hang, Chekiang First Bank had 17 branches in Hong Kong, a wholly owned subsidiary in Luxembourg, an agency in San Francisco, and a representative office in Shanghai. As of 31 December 2002, Chekiang First had total assets of HK$27.8 billion. Wing Hang subsequent re-branded all services under the Wing Hang brand. History *1907: Founded under the name Chekiang Provincial and Industrial Bank, with headquarters in Hangzhou. *1911: Restructured as Chekiang Bank of the Republic of China (). *1912: Restructured as the Chekiang Provincial and Industrial Bank (). *1923: Li Ming converted the bank's Shanghai branch into the Chekiang Industrial Bank (), with headquarters in Shanghai, and became its director. *1948: Restructured as Chekiang First Bank. *1950: Re-established in Hong Kong as Chekiang First Bank of Commerce (). *1962: Japan's ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of China
{{Disambiguation ...
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
