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National Commercial Bank (China)

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National Commercial Bank
Traditional Chinese浙江興業銀行
Simplified Chinese浙江兴业银行

The National Commercial Bank Limited, also known as Zhejiang Xingye Bank (Chinese: 浙江興業銀行), was a Chinese bank considered one of the "Three Southern Banks".[1] It was merged to Bank of China (Hong Kong) in 2001.

History

  • 1907: Founded in Hangzhou by Zhejiang Provincial Railway Company (Chinese: 浙江省鐵路公司).
  • 1908: Opened its Shanghai branch.
  • 1915: Moved headquarters to Shanghai.
  • 1946: Established Hong Kong branches.
  • 1980: Moved headquarters to Beijing.
  • 1989: Became a wholly owned subsidiary of Bank of China Group.[2]
  • 2001: Merged to form Bank of China (Hong Kong).[3]

References

  1. ^ Zhaojin, Ji (2003). A History of Modern Shanghai Banking: The Rise and Decline of China's Financial Capitalism. Routledge (published 2016). pp. 114–116. ISBN 9781317478072. LCCN 2002029407.
  2. ^ 浙江兴业银行香港分行 (Chinese)
  3. ^ History of Bank of China (Hong Kong) Archived 23 February 2009 at the Wayback Machine
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