Hong Kong Industrial and Commercial Bank
Industrial and Commercial Bank (Chinese: 工商銀行) was a bank in Hong Kong, established in 1917. Under the leadership of its general manager, Xue Xianzhou (薛仙舟), after 1919, its business focus was focused on operating money remittances of Overseas Chinese and its branches were extended to Guangzhou, Hankou, Shanghai, and Tianjin. However, the bank was closed down in 1930 after Xue's death and losing in foreign currency business.[1][2]
A new bank with a similar name, the Hong Kong Industrial and Commercial Bank (香港工商銀行), was re-established in 1964. In 1987, it was acquired by Dah Sing Bank. In 1994, its 40% interest was acquired by China Construction Bank and it was renamed to Jian Sing Bank (建新銀行).[3] In 2002, Jian Sing Bank was totally acquired by China Construction Bank and renamed to China Construction Bank (Asia) Limited (中國建設銀行(亞洲)有限公司).[4]
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References
- Use Hong Kong English from June 2018
- Use dmy dates from December 2010
- Banks established in 1917
- Banks disestablished in 1930
- Banks established in 1964
- Defunct banks of Hong Kong
- China Construction Bank
- Banks disestablished in 1994
- 1917 establishments in Hong Kong
- 1930 disestablishments in Hong Kong
- 1964 establishments in Hong Kong
- 1994 disestablishments in Hong Kong