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Continental Bank
Continental Bank () was a bank in China. It specialized in savings, warehouses, trusts and real estate business. It was founded in Tianjin in 1919 by Feng Guozhang, the acting president of Republic of China and Tan Lisun, the former Nanjing director of Bank of China. Half a month later, a Beijing branch was also established. In 1942, its headquarters was moved to Shanghai. In 1952, it was closed down. Tha bank, together with Yien Yieh Commercial Bank, Kincheng Banking Corporation and China & South Sea Bank, are called "Four Northern Banks", which were the four most capitalized commercial banks in Northern China in the 1920s. See also * 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 ... References {{reflist Defunct banks of China Companies based in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Savings
Wealth is the abundance of valuable financial assets or physical possessions which can be converted into a form that can be used for transactions. This includes the core meaning as held in the originating Old English word , which is from an Indo-European word stem. The modern concept of wealth is of significance in all areas of economics, and clearly so for growth economics and development economics, yet the meaning of wealth is context-dependent. An individual possessing a substantial net worth is known as ''wealthy''. Net worth is defined as the current value of one's assets less liabilities (excluding the principal in trust accounts). At the most general level, economists may define wealth as "the total of anything of value" that captures both the subjective nature of the idea and the idea that it is not a fixed or static concept. Various definitions and concepts of wealth have been asserted by various individuals and in different contexts.Denis "Authentic Development: Is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
China & South Sea Bank
The China & South Sea Bank Limited (中南銀行) was established in 1921 in Shanghai as a commercial bank. It was founded by Huang Yizhu (黃奕住) ( Oei Ik Tjoe) and Xu Jingren (徐靜仁) who were overseas Chinese from Indonesia. The bank became one of the few Chinese owned banks to gain public confidence and its banknotes were widely circulated in Shanghai and Hong Kong. The bank continued its mainland operations until September 1951, when its assets were nationalised by the government of the People's Republic of China. The bank established a branch in Hong Kong in 1934. This branch continued to operate until 2001, when it was absorbed by the Bank of China (Hong Kong). See also * Four Northern Banks * Bank of China * People's Bank of China The People's Bank of China (officially PBC or informally PBOC; ) is the central bank of the People's Republic of China, responsible for carrying out monetary policy and regulation of financial institutions in mainland China, a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Disestablished In 1952
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Based In Shanghai
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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Tianjin
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...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] |
North China
North China, or Huabei () is a 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 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, 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 are also widely spoken due to the political and cultural history o ... [...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 ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Capitalization
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 ... [...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] |
Kincheng Banking Corporation
Kincheng Banking Corporation or Kincheng Bank () was a bank in Hong Kong. It was established in Tianjin in 1917 by Mr. Zhou Zuomin (, a native of Huai'an in Jiangsu), Mr. Ni Sichong (, Anhui General Commander) and Mr. Wang Zhilong (, Ni's treasurer). Kincheng Banking Corporation, Yien Yieh Commercial Bank, Continental Bank and China & South Sea Bank were called "four northern banks" in 1920s in China. In 1952, it was grouped into the " Joint Office of Joint Public-Private Banks" with other 8 Chinese banks. In 2001, it was merged to form Bank of China (Hong Kong). See others *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 ... References {{Bank of China Defunct banks of China Defunct banks of Hong Kong Bank of China Companies based in Tianjin Bank ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Warehouses
A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns, or villages. Warehouses usually have loading docks to load and unload goods from trucks. Sometimes warehouses are designed for the loading and unloading of goods directly from railways, airports, or seaports. They often have cranes and forklifts for moving goods, which are usually placed on ISO standard pallets and then loaded into pallet racks. Stored goods can include any raw materials, packing materials, spare parts, components, or finished goods associated with agriculture, manufacturing, and production. In India and Hong Kong, a warehouse may be referred to as a "godown". There are also godowns in the Shanghai Bund. History Prehistory and ancient history A warehouse can be defined functionally as a building in which to store b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
