Hong Nin Savings Bank
Hong Kong bank
- Hong Kong
Hong Nin Savings Bank | |||||||||
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Traditional Chinese | 康年儲蓄銀行 | ||||||||
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Hong Nin Savings Bank (Traditional Chinese: 康年儲蓄銀行) was a bank in Hong Kong, founded in 1921.
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]
References
- Feng, Bangyan; (2002). A Century of Hong Kong Financial Development. Joint Publishing Hong Kong. ISBN 962-04-2129-9.
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