Chekiang First Bank was a bank in

Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China (abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delta i ...

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 Luxembourg ( ; lb, Lëtzebuerg ; french: link=no, Luxembourg; german: link=no, Luxemburg), officially the Grand Duchy of Luxembourg, ; french: link=no, Grand-Duché de Luxembourg ; german: link=no, Großherzogtum Luxemburg is a small land ...

, an agency in

San Francisco San Francisco (; Spanish language, Spanish for "Francis of Assisi, Saint Francis"), officially the City and County of San Francisco, is the commercial, financial, and cultural center of Northern California. The city proper is the List of Ca ...

, and a representative office 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 ...

. 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 Hangzhou ( or , ; , , Standard Mandarin pronunciation: ), also romanized as Hangchow, is the capital and most populous city of Zhejiang, China. It is located in the northwestern part of the province, sitting at the head of Hangzhou Bay, wh ...

. *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

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 f ...

(now the

Mizuho Corporate Bank , or MHCB, was the corporate and investment banking subsidiary of Mizuho Financial Group, the second-biggest Japanese financial services conglomerate, prior to the reintegration of investment banking services under the Mizuho Bank name in July 2 ...

), acquired a 30% stake in the bank, a stake that eventually it increased to 95%. *2003: Acquired by Wing Hang Bank. *2004: Merged to Wing Hang Bank.Wing Hang, Chekiang First Bank complete merging
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References

{{Banks of the Qing dynasty Banks established in 1907 Defunct banks of China Companies based in Zhejiang Defunct banks of Hong Kong Banks disestablished in 2004 Chinese companies established in 1907