Banque Franco-Japonaise
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Banque Franco-Japonaise
The was a mid-sized bank headquartered in Paris, France. It was founded in 1912 with intent to pursue common projects with Japanese stakeholders in Asia, especially in China. Overview The BFJ was established on on the initiative of Société Générale. Its initial capital of 25 million French francs was split between Société Générale and the Banque de Paris et des Pays-Bas on the one hand (60 percent), and the Industrial Bank of Japan on the other hand (40 percent). It listed on the Paris Stock Exchange on . The BFJ's initial chairman was Henri Guernaut, member of the board of Société Générale and its future chairman as well. René Dorizon, himself the son of Société Générale Director Louis Dorizon, had been instrumental in the BFJ's creation and was its first chief executive (). Soeda Juichi was one of the bank's promoters on the Japanese side. It arranged a first yen loan to France in November 1915, reflecting the rapid rise of Japan's role as an international ...
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