Shanghai Commercial Bank: Difference between revisions
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'''Shanghai Commercial Bank''' ([[Chinese language|Chinese:]] 上海商業銀行) is a [[bank]] originally founded in [[Shanghai]] |
'''Shanghai Commercial Bank''' ([[Chinese language|Chinese:]] 上海商業銀行) is a [[bank]] originally founded in [[Shanghai]] in 1915 under the leadership of Mr. [[K.P. Chen]] (1881-1976), a graduate of the [[University of Pennsylvania]]'s Wharton School of Finance. The bank expanded in the late 1920s and early 1930s, endured the period of Japanese aggression, and re-established itself in [[Taiwan]] and [[Hong Kong]] after the rise of Communism in [[mainland China]] in late 1949. |
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The '''Shanghai Commercial Bank''' was established in [[Hong Kong]] in 1950. It is a subsidiary of the [[Shanghai Commercial and Savings Bank]] of [[Taiwan]], which itself was only allowed to re-establish its head office in [[Taipei]] in 1954. Both parts of the bank, in [[Hong Kong]] and [[Taiwan]], rebuilt themselves from the 1960s-1980s as both economies prospered. Today, the SCB has re-established itself in [[Shanghai]] with a stake in the [[Bank of Shanghai]]. |
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[[as of 2005|As of January 2005]], it had deposits of [[HK$]]57 billion. It operates 41 branches in Hong Kong and has overseas branches in [[New York]], [[London]], [[San Francisco]], [[Los Angeles]] and [[Shenzhen]]. Shanghai Commercial Bank also has a representative office in [[Shanghai]]. |
[[as of 2005|As of January 2005]], it had deposits of [[HK$]]57 billion. It operates 41 branches in Hong Kong and has overseas branches in [[New York]], [[London]], [[San Francisco]], [[Los Angeles]] and [[Shenzhen]]. Shanghai Commercial Bank also has a representative office in [[Shanghai]]. |
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==External links== |
==External links== |
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* [http://www.shacombank.com.hk Official site, Hong Kong] |
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* [http://www. |
* [http://www.scsb.com.tw Official site, Taiwan] |
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[[Category: Banks of Hong Kong]] |
[[Category: Banks of Hong Kong]] |
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Revision as of 17:51, 16 February 2008
Shanghai Commercial Bank (Chinese: 上海商業銀行) is a bank originally founded in Shanghai in 1915 under the leadership of Mr. K.P. Chen (1881-1976), a graduate of the University of Pennsylvania's Wharton School of Finance. The bank expanded in the late 1920s and early 1930s, endured the period of Japanese aggression, and re-established itself in Taiwan and Hong Kong after the rise of Communism in mainland China in late 1949.
The Shanghai Commercial Bank was established in Hong Kong in 1950. It is a subsidiary of the Shanghai Commercial and Savings Bank of Taiwan, which itself was only allowed to re-establish its head office in Taipei in 1954. Both parts of the bank, in Hong Kong and Taiwan, rebuilt themselves from the 1960s-1980s as both economies prospered. Today, the SCB has re-established itself in Shanghai with a stake in the Bank of Shanghai.
As of January 2005, it had deposits of HK$57 billion. It operates 41 branches in Hong Kong and has overseas branches in New York, London, San Francisco, Los Angeles and Shenzhen. Shanghai Commercial Bank also has a representative office in Shanghai.