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Yau Yue Commercial Bank

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Yau Yue Commercial Bank (Chinese: 有餘銀行) was a bank in Hong Kong.

Background

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The bank was founded in 1953. In the banking crisis of 1965, bank runs occurred in several small and medium-sized banks. In 1966, the British Hong Kong government asked The Hongkong and Shanghai Banking Corporation to take over the bank. The bank was bankrupted in 1969.[1][2][3]

References

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  1. ^ Hong Kong as an International Financial Centre
  2. ^ The Relative Stability of the Three Banking Regimes
  3. ^ Financial Institutions and the Economic Crisis in Asia
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