Chekiang First Bank was a bank in
Hong Kong incorporated in 1950 by
Li Ming. It is now merged to
Wing Hang Bank. At the time of the merger with Wing Hang, Chekiang First Bank had 17 branches in Hong Kong, a wholly owned subsidiary in
Luxembourg, an agency in
San Francisco, and a representative office in
Shanghai. As of 31 December 2002, Chekiang First had total assets of HK$27.8 billion. Wing Hang subsequent re-branded all services under the Wing Hang brand.
History
1907: Founded under the name Chekiang Provincial and Industrial Bank, with
headquarters in
Hangzhou.[1]
1911: Restructured as Chekiang Bank of the Republic of China (
Chinese: 中華民國浙江銀行).
1912: Restructured as the Chekiang Provincial and Industrial Bank (
Chinese: 浙江地方實業銀行).
1923: Li Ming converted the bank's Shanghai branch into the Chekiang Industrial Bank (
Chinese: 浙江實業銀行), with headquarters in Shanghai, and became its director.
1948: Restructured as Chekiang First Bank.
1950: Re-established in Hong Kong as Chekiang First Bank of Commerce (
Chinese: 浙江第一商業銀行).[2]
Chekiang First Bank was a bank in
Hong Kong incorporated in 1950 by
Li Ming. It is now merged to
Wing Hang Bank. At the time of the merger with Wing Hang, Chekiang First Bank had 17 branches in Hong Kong, a wholly owned subsidiary in
Luxembourg, an agency in
San Francisco, and a representative office in
Shanghai. As of 31 December 2002, Chekiang First had total assets of HK$27.8 billion. Wing Hang subsequent re-branded all services under the Wing Hang brand.
History
1907: Founded under the name Chekiang Provincial and Industrial Bank, with
headquarters in
Hangzhou.[1]
1911: Restructured as Chekiang Bank of the Republic of China (
Chinese: 中華民國浙江銀行).
1912: Restructured as the Chekiang Provincial and Industrial Bank (
Chinese: 浙江地方實業銀行).
1923: Li Ming converted the bank's Shanghai branch into the Chekiang Industrial Bank (
Chinese: 浙江實業銀行), with headquarters in Shanghai, and became its director.
1948: Restructured as Chekiang First Bank.
1950: Re-established in Hong Kong as Chekiang First Bank of Commerce (
Chinese: 浙江第一商業銀行).[2]