Hong Nin Savings Bank
Hong Kong bank
From Wikipedia, the free encyclopedia
Hong Nin Savings Bank (Traditional Chinese: 康年儲蓄銀行) was a bank in Hong Kong, founded in 1921.
| 康年儲蓄銀行 | |
| Formation | 1921 |
|---|---|
| Dissolved | 1986 |
| Location | |
TraditionalChinese康年儲蓄銀行
Yale RomanizationHōng nìhn chyúh chūk ngàhn hòhng
Yale RomanizationHōng nìhn chyúh chūk ngàhn hòhng
JyutpingHong1 nin4 cyu5 cuk1 ngan4 hong4
| Hong Nin Savings Bank | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 康年儲蓄銀行 | ||||||||
| |||||||||
In 1986, the bank had four branches and deposits of about HK$300m (US$38m). The bank was taken over by the colonial Government of Hong Kong, in 1986, due to defaults on several loans related to shipping and dwindling deposits.[1]
In 1987, Hong Nin was acquired by First Pacific and renamed it to First Pacific Bank.[2][3][4]
