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Eighteenth Bank
The Eighteenth National Bank, from 1897 the Eighteenth Bank (, ''Juhachi Ginko''), was a Japanese bank headquartered in Nagasaki. Established in 1877, it was one of the National Banks in Meiji Japan which were numbered by chronological order of establishment. It was notable for its prominent activity in Korea from 1890 to 1936. It was eventually absorbed in 2019 by the Fukuoka Financial Group, following a protracted process initiated in 2016. Overview The 18th National Bank was created in September 1877 in the turbulent context of the Satsuma Rebellion, on the initiative of prominent local merchants including and . The 18th National Bank was the second significant Japanese bank, after the Dai-Ichi Bank of Shibusawa Eiichi, to establish a significant presence in Joseon Dynasty, Korea. It started in 1882 by issuing bills of exchange and making loans to Nagasaki merchants active in the Korea trade. Around the same time, the 102nd National Bank, a small institution that had been f ...
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The Eighteenth Bank In 1889
''The'' is a grammatical Article (grammar), article in English language, English, denoting nouns that are already or about to be mentioned, under discussion, implied or otherwise presumed familiar to listeners, readers, or speakers. It is the definite article in English. ''The'' is the Most common words in English, most frequently used word in the English language; studies and analyses of texts have found it to account for seven percent of all printed English-language words. It is derived from gendered articles in Old English which combined in Middle English and now has a single form used with nouns of any gender. The word can be used with both singular and plural nouns, and with a noun that starts with any letter. This is different from many other languages, which have different forms of the definite article for different genders or numbers. Pronunciation In most dialects, "the" is pronounced as (with the voiced dental fricative followed by a schwa) when followed by a con ...
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Busan
Busan (), officially Busan Metropolitan City, is South Korea's second list of cities in South Korea by population, most populous city after Seoul, with a population of over 3.3 million as of 2024. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being South Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" (including Ulsan, South Gyeongsang Province, South Gyeongsang, Daegu, and part of North Gyeongsang Province, North Gyeongsang and South Jeolla Province, South Jeolla) is South Korea's largest industrial area. The large volumes of port traffic and urban population in excess of 1 million make Busan a Large-Port metropolis using the Southampton System of Port-City classification. As of 2019, Busan Port is the primary port in Korea and the world's sixth-largest container port. Busan is divided into 15 major administrative districts and a single co ...
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Banks Established In 1877
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 ...
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Defunct Banks Of Japan
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 ...
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The 77 Bank
() is a Japanese regional bank headquartered in Sendai, Miyagi Prefecture. As the designated financial institution of the prefecture, the city, and many other cities and towns throughout the prefecture, it performs duties such as holding deposits for public money and handling payments. It is also the biggest regional bank in the Tōhoku region. The 77 Bank is unique among other Tōhoku region banks in operating branches in Nagoya and Osaka. It also runs a representative office in Shanghai. Following criticism for lagging behind in the establishment of a cooperative ATM network, the bank is scheduled to enter into an agreement with two other convenience store operators within the prefecture in March, 2006. Profile As of March 31, 2014: :Assets: Approximately 8.234 trillion yen :Employees: 2,734 :Branches: 141 :President: Hiroshi Kamata (Chairman), Teruhiko Ujiie (President) :Member: Regional Banks Association of Japan History The 77 Bank traces its origins to an 1872 law all ...
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Fifteenth Bank
The Fifteenth National Bank, from 1897 the Fifteenth Bank (, ''Jugo Ginko''), established in 1877 in Tokyo, was initially the largest of the early National Banks in Meiji Japan. Its failure in 1927 was a climactic point of the Shōwa financial crisis. It was subsequently reorganized by the Japanese government, and eventually absorbed in 1944 by the Teikoku Bank, itself a predecessor of SMBC Group. Overview The 15th National Bank was established by a group of high-ranking nobility including Iwakura Tomomi, Tokugawa Yoshikatsu, Yamauchi Toyonori, Kuroda Nagatomo, Ikeda Akimasa, Tōdō Takakiyo, Matsudaira Mochiaki, Nanbu Toshiyuki, and , and was therefore colloquially known as the "Kazoku Bank". Its first president was . With an initial capital of 17.8 million yen, it was by far the largest Japanese bank, with its capital representing 44.5 percent of the total capital of all national banks. Immediately after its creation, it provided funding to the Japanese government during th ...
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Gunsan
Gunsan (; ), also romanized as Kunsan, is a Administrative divisions of South Korea, city in North Jeolla Province, South Korea. It is on the south bank of the Geum River just upstream from its exit into the Yellow Sea. It has emerged as a high-tech manufacturing industrial city and an international trade seaport that is approximately southwest of Seoul on the midwest coast of the Korean Peninsula. Kunsan Air Base operated by the United States Air Force is in the city. To encourage investment, a free trade zone has been declared. History Gunsan was a small fishing village on the banks of the Geum River, near where the river spills into the Yellow Sea. It sits on the fertile western ''Honam'' plain where much rice is harvested. Gunsan became a port in the late 19th century largely due to pressure from the Japanese on the Koreans to ship rice to Japan. In 1899, Gunsan Port officially opened up to international trade. Gunsan was largely settled by Japanese during the period of th ...
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Chōsen Industrial Bank
The Chōsen Industrial Bank ( ''Chōsen Shokusan Ginkō'', ''Joseon Siksan Eunhaeng''), also referred to as Chosen Colonization Bank or Joseon Industrial Bank, was a major financial institution in Korea under Japanese rule and its immediate aftermath. It was formed in 1918 by merging six banks established under the Korean Empire. In 1950, it was renamed the Korea Industrial Bank (, not to be confused with the later Industrial Bank of Korea), and eventually liquidated in 1954 with its viable operations transferred to the newly created Korea Development Bank. Overview In 1906, at the initiative of its Japanese financial adviser , the Korean Empire decreed the establishment of agricultural and industrial banks to stimulate the country's economy. 11 such banks had been established on a local basis by 1908, including the Hanseong Agricultural and Industrial Bank () in what is now Seoul. That year, they were merged into six establishments. In June 1918, the six banks were merged into ...
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Incheon
Incheon is a city located in northwestern South Korea, bordering Seoul and Gyeonggi Province to the east. Inhabited since the Neolithic, Incheon was home to just 4,700 people when it became an international port in 1883. As of February 2020, about 3 million people live in the city, making it South Korea's third-most-populous city after Seoul and Busan. The city's growth has been assured in modern times with the development of its port due to its natural advantages as a coastal city and its proximity to the South Korean capital. It is part of the Seoul Metropolitan Area, along with Seoul itself and Gyeonggi Province, forming the world's fourth-largest List of metropolitan areas by population, metropolitan area by population. Incheon has since led the economic development of South Korea by opening its port to the outside world, ushering in the modernization of South Korea as a center of industrialization. In 2003, the city was designated as South Korea's first free economic zon ...
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Wonsan
Wonsan (), previously known as Wonsanjin (), is a port city and naval base located in Kangwon Province (North Korea), Kangwon Province, North Korea, along the eastern side of the Korean Peninsula, on the Sea of Japan and the provincial capital. The port was opened by Imperial Japanese Army, Japanese forces in 1880. Before the 19501953 Korean War, it fell within the jurisdiction of the then South Hamgyong Province, South Hamgyong province, and during the war, it was the location of the Blockade of Wonsan. The population of the city was estimated at 329,207 in 2013. Notable people from Wonsan include Kim Ki-nam (politician), Kim Ki-nam, a diplomat and former Vice Chairman of the ruling Workers' Party of Korea. In 2013, it was announced that Wonsan would be converted into a summer destination with resorts and entertainment. Having spent his childhood years there, Kim Jong Un has expressed significant interest in developing the region, with the construction of new infrastructure such ...
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Nagasaki
, officially , is the capital and the largest Cities of Japan, city of Nagasaki Prefecture on the island of Kyushu in Japan. Founded by the Portuguese, the port of Portuguese_Nagasaki, Nagasaki became the sole Nanban trade, port used for trade with the Portuguese and Dutch during the 16th through 19th centuries. The Hidden Christian Sites in the Nagasaki Region have been recognized and included in the World Heritage Sites in Japan, UNESCO World Heritage Sites list. Part of Nagasaki was home to a major Imperial Japanese Navy base during the First Sino-Japanese War and Russo-Japanese War. Near the end of World War II, the American atomic bombings of Hiroshima and Nagasaki made Nagasaki the second city in the world to experience a nuclear attack. The city was rebuilt. , Nagasaki has an estimated population of 392,281, and a population density of 966 people per km2. The total area is . History Nagasaki as a Jesuit port of call The first recorded contact between Portuguese e ...
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