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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. The Continental Bank's building on West Jiaomin Lane in Beijing, erected in 1924, became the seat of a short-lived Agricultural Bank of China in 1955-1957 and was subsequently taken over by the People's Bank of China. In 1979, the newly re-established Bank of China was headquartered in the former Continental Bank building, before moving in 2001 to a new ... [...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. A person 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 people in different contexts.Denis "Authentic Development: Is it Sustainab ... [...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. 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 used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. The total capitalization of stock markets or eco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 1919
A bank is a financial institution that accepts Deposit account, 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. As banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of Bank regulation, 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 accounting liquidity, 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 o ... [...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. As 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 ancien ... [...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 legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and 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 duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Defunct Banks Of China
{{Disambiguation ...
Defunct 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 process of becoming antiquated, out of date, old-fashioned, no longer in general use, or no longer useful, or the condition of being in such a state. When used in a biological sense, it means imperfect or rudimentary when comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai
Shanghai, Shanghainese: , Standard Chinese pronunciation: is a direct-administered municipality and the most populous urban area in China. The city is located on the Chinese shoreline on the southern estuary of the Yangtze River, with the Huangpu River flowing through it. The population of the city proper is the List of largest cities, second largest in the world after Chongqing, with around 24.87 million inhabitants in 2023, while the urban area is the List of cities in China by population, most populous in China, with 29.87 million residents. As of 2022, the Greater Shanghai metropolitan area was estimated to produce a gross metropolitan product (GDP (nominal), nominal) of nearly 13 trillion Renminbi, RMB ($1.9 trillion). Shanghai is one of the world's major centers for finance, #Economy, business and economics, research, science and technology, manufacturing, transportation, List of tourist attractions in Shanghai, tourism, and Culture of Shanghai, culture. The Port of Sh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Qingdao
Qingdao, Mandarin: , (Qingdao Mandarin: t͡ɕʰiŋ˧˩ tɒ˥) is a prefecture-level city in the eastern Shandong Province of China. Located on China's Yellow Sea coast, Qingdao was long an important fortress. In 1897, the city was ceded to Germany. For the Germans Qingdao (Tsingtau) was a strategic trade center, port and base for its East Asia Squadron, allowing the German navy to project dominance in the Pacific. In 1914, following the outbreak of World War I, Japan occupied the city and the surrounding province during the Siege of Tsingtao. In 1915, China agreed to recognize Japan's special position in the territory through what became known as the Twenty-One Demands. In 1918, the Chinese government, under the control of the warlord Duan Qirui, secretly agreed to Japanese terms in exchange for a loan. Following the First World War, during the Paris Peace Conference, Japan secured agreements with the Allied powers to recognize its claim to the areas in Shandong, which in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fuxingmen Inner Street
Fuxingmen Inner Street () is a major street in urban Beijing. It forms part of the extended Chang'an Avenue. It starts at Fuxingmen Bridge in the west, finishing at West Chang'an Avenue in the east. The Xidan commercial area is in the neighborhood of the street, flanked by other more modern buildings, such as the Beijing Times Square. The impressive building of the Bank of China also sits on this street, together with the People's Bank of China. Line 1 of the Beijing subway The Beijing Subway is the rapid transit system of Beijing Direct-controlled municipality, Municipality that consists of 29 lines including 24 rapid transit lines, two airport rail links, one maglev line and two light rail, light rail tram line ... runs along this route. {{Roads and Expressways of Beijing, state=collapsed Streets in Beijing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
People's Bank Of China
The People's Bank of China (officially PBC and unofficially PBOC) is the central bank of the People's Republic of China. It is responsible for carrying out monetary policy as determined by the ''PRC People's Bank Law'' and the ''PRC Commercial Bank Law''. The PBC was established in 1948 as the bank serving areas of mainland China under Chinese Communist Party (CCP) control and became China's sole central bank after the founding of the People's Republic of China in 1949. From 1969 to 1978, the PBC was demoted to a bureau of the Ministry of Finance. The PBC was extensively reformed during the 1990s, when its provincial and local branches were abolished, instead opening nine regional branches. In 2023, these reforms were reversed as when the regional branches were abolished and the provincial branches restored, and new arrangements essentially ended the PBC's longstanding role in financial supervision. The PBC is the 25th-ranked of 26 ministerial-level departments of the St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
North China
North China () is a list of regions of China, geographical region of the People's Republic of China, consisting of five province-level divisions of China, provincial-level administrative divisions, namely the direct-administered municipalities Beijing and Tianjin, the provinces of China, provinces Hebei and Shanxi, and the autonomous regions of China, autonomous region Inner Mongolia (although the four prefecture (China), prefectures east of the Greater Khingan Range are sometimes regarded as parts of Northeast China). 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. Most inhabitants here speak variants of Northern Chinese languages such as Mandarin Chinese, Mandarin, which includes the 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. Jin Chinese an ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
