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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 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 Nanjin ... * China & South Sea Bank * Three Southern Banks References {{reflist Defunct banks of China Banking in China 1920s in China ... [...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] |
Commercial Banks
A commercial bank is a financial institution Financial institutions, sometimes called banking institutions, are business entities that provide services as intermediaries for different types of financial monetary transactions. Broadly speaking, there are three major types of financial inst ... which accepts deposit (finance), deposits from the public and gives loans for the purposes of consumption and investment to make profit (economics), 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 language, Italian word ''banco'' "desk/bench", used during the Italian Renaissance era by Florence, Florentine bankers, who used to carry out their transactions on a desk covered by a green tablecloth. However, traces of banking ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yangtze River
The Yangtze or Yangzi ( or ; ) is the longest river in Asia, the third-longest in the world, and the longest in the world to flow entirely within one country. It rises at Jari Hill in the Tanggula Mountains (Tibetan Plateau) and flows in a generally easterly direction to the East China Sea. It is the seventh-largest river by discharge volume in the world. Its drainage basin comprises one-fifth of the land area of China, and is home to nearly one-third of the country's population. The Yangtze has played a major role in the history, culture, and economy of China. For thousands of years, the river has been used for water, irrigation, sanitation, transportation, industry, boundary-marking, and war. The prosperous Yangtze Delta generates as much as 20% of China's GDP. The Three Gorges Dam on the Yangtze is the largest hydro-electric power station in the world that is in use. In mid-2014, the Chinese government announced it was building a multi-tier transport netw ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of China (1912–1949)
The Republic of China (ROC), between 1912 and 1949, was a sovereign state recognised as the official designation of China when it was based on Mainland China, prior to the relocation of its central government to Taiwan as a result of the Chinese Civil War. At a population of 541 million in 1949, it was the world's most populous country. Covering , it consisted of 35 provinces, 1 special administrative region, 2 regions, 12 special municipalities, 14 leagues, and 4 special banners. The People's Republic of China (PRC), which rules mainland China today, considers ROC as a country that ceased to exist since 1949; thus, the history of ROC before 1949 is often referred to as Republican Era () of China. The ROC, now based in Taiwan, today considers itself a continuation of the country, thus calling the period of its mainland governance as the Mainland Period () of the Republic of China in Taiwan. The Republic was declared on 1 January 1912 after the Xinhai Revolution, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Three Southern Banks
Three Southern Banks () referred to the three most market capitalisation, capitalized commercial banks in the south of Yangtze River in the Republic of China (1912–1949), Republic of China in the 1920s, in contrast to the Four Northern Banks (北四行) of North China, Northern China. With their headquarters in Shanghai, the three banks cooperated to form the group. The three banks were The National Commercial Bank (浙江興業銀行), the Chekiang Industrial Bank (浙江實業銀行) and the Shanghai Commercial and Savings Bank (上海商業儲蓄銀行). References {{reflist Defunct banks of China Banking in China 1920s in China ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Southern China
South China () is a geographical and cultural region that covers the southernmost part of China. Its precise meaning varies with context. A notable feature of South China in comparison to the rest of China is that most of its citizens are not native speakers of Standard Chinese. Cantonese is the most common language in the region while the Guangxi region contains the largest concentration of China's ethnic minorities, each with their own language. Administrative divisions Cities with urban area over one million in population Provincial capitals in bold. Namesake * South China tiger ( southern China) * '' South China Morning Post'' (Hong Kong, South China) * Huanan Seafood Wholesale Market (Wuhan, Central China Central China () is a geographical and a loosely defined cultural region that includes the provinces of Henan, Hubei and Hunan. Jiangxi is sometimes also regarded to be part of this region. Central China is now officially part of South Centr ...) See al ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yien Yieh Commercial Bank
Yien Yieh Commercial Bank () was a bank in Hong Kong. It was established in Beijing in 1915 by Mr. Zhang Zhenfang (), the cousin of Yuan Shikai, to support the specialized salt industry by providing official funds under government supervision. Yien Yieh Commercial Bank, Continental Bank, Kincheng Banking Corporation 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 eight other Chinese banks. In 2001, it was merged to form Bank of China (Hong Kong). See others *Salt in Chinese history Salt, salt production, and salt taxes played key roles in Chinese history, economic development, and relations between state and society. The lure of salt profits led to technological innovation and new ways to organize capital. Debate over gov ... * Four Northern Banks References {{Use dmy dates, date=October 2019 Companies based in Beijing Defunct banks of China Defunct ... [...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 th ... References {{Bank of China Defunct banks of China Defunct banks of Hong Kong Bank of China Companies based in Tianjin Banks est ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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 Northern China () and Southern China () are two approximate regions within China. The exact boundary between these two regions is not precisely defined and only serve to depict where there appears to be regional differences between the climate ... in the 1920s. See also * Four Northern Banks References {{reflist Defunct banks of China Companies ... [...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] |
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] |
Banking In China
China's banking sector had () in assets at the end of 2020. The "big four/five" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world . The Bank of Communications is sometimes included. Other notable big and also the largest banks in the world are China Merchants Bank and Ping An Bank. History Chinese financial institutions conducted all major banking functions, including the acceptance of deposits, the making of loans, issuing notes, money exchange, and long-distance remittance of money by the Song Dynasty (960-1279). In 1024, the first paper currency was issued by the state in Sichuan. The two major types of indigenous Chinese financial institutions, () and (), more often cooperated than competed in China's financial market. Due to structural weaknesses of traditional Chinese law, Chinese financial instituti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
