The Bank of China is a Chinese majority state-owned commercial bank headquartered in Beijing and the tenth largest bank in the world.
HSBC Holdings plc, acronym from its founding member The Hongkong and Shanghai Banking Corporation, is a British universal bank and financial services group headquartered in London, England, with historical and business links to East Asia and a multinational footprint. It is the largest Europe-based bank by total assets, ahead of BNP Paribas, with US$2.953 trillion as of December 2021. In 2021, HSBC had $10.8 trillion in assets under custody (AUC) and $4.9 trillion in assets under administration (AUA).
Hang Seng Bank Limited is a Hong Kong-based banking and financial services company with headquarters in Central, Hong Kong. It is one of Hong Kong's leading public companies in terms of market capitalisation and is part of the HSBC Group, which holds a majority equity interest in the bank.
OCBC Bank Limited, formerly Wing Hang Bank Limited and OCBC Wing Hang Bank Limited, is a licensed bank with its head office in Hong Kong, where it is the eighth largest bank by total assets. Since end of July 2014, Wing Hang Bank has been a subsidiary of the Oversea-Chinese Banking Corporation (OCBC) of Singapore. The acquisition of Wing Hang has given OCBC a network of about 70 branches spanning Hong Kong, Macau, and mainland China to add to OCBC's existing operations in Hong Kong and China.
The Hongkong and Shanghai Banking Corporation Limited, commonly known as HSBC and formerly known as HongkongBank, is the Hong Kong-based Asia-Pacific subsidiary of the HSBC banking group, for which it was the parent entity until 1991. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
Bank of Shanghai Co., Ltd. (BOSC) is an urban commercial bank based in Shanghai in China. The bank was ranked 73rd among 1000 banks around the world by The Banker in terms of their Tier 1 capital in 2020.
Bank of Beijing Co., Ltd. is an urban commercial bank based in Beijing, China. According to the bank, most of the revenue came from Beijing, despite that the banking group had more than half of the branches located outside the direct-controlled municipality. Beijing Municipal People's Government and the Netherlands-based multinational bank ING Bank were the major shareholders of the bank.
Oversea-Chinese Banking Corporation, Limited, abbreviated as OCBC, is a Singaporean multinational banking and financial services corporation headquartered at the OCBC Centre.
The Shanghai Commercial and Savings Bank is a bank of the Republic of China, currently based in Taipei, Taiwan.
HSBC Bank (China) Company Limited was one of the first foreign banks to incorporate locally in mainland China in 2007. It is part of the worldwide HSBC Group and is wholly owned by Hong Kong-based HSBC.
China's banking sector had CN¥319.7 trillion in assets at the end of 2020. The "Big Four" state-owned commercial banks are the Bank of China, the China Construction Bank, the Industrial and Commercial Bank of China, and the Agricultural Bank of China, all of which are among the largest banks in the world As of 2018. Other notable big and also the largest banks in the world are China Merchants Bank and Ping An Bank.
The history of banking in China includes the business of dealing with money and credit transactions in China.
The Mega International Commercial Bank is the second largest bank in Taiwan by tier 1 capital and a subsidiary of Mega Financial Holding Company. It has 108 branches in Taiwan and 39 overseas units. The bank is the sole domestic US dollar/Euro settlement bank designated by the Bankers Association.
Deutsch-Asiatische Bank was a foreign bank in Asia, founded in 1889 in Shanghai. Its principal activity was trade financing, but together with English and French banks, it also played a role in the underwriting of bonds for the Chinese government and in the financing of railway construction in China.
HSBC Bank (Taiwan) Limited is the foreign bank to incorporate locally in Taiwan since 2009. It is part of the HSBC Group and is wholly owned by Hong Kong-based The Hongkong and Shanghai Banking Corporation Limited.
Shanghai Rubber Stock Market Crisis was an economic crisis caused by the bankers and stock-holders overstimulating the rubber stocks in Shanghai in 1910. This crisis led to a great number of bankruptcies of Chinese native banks in Tianjing, Guangzhou, etc. Historically, this crisis, accomplished with the market crisis in the 1920s, brought massive destruction of market development in Shanghai.
The paper money of the Qing dynasty was periodically used alongside a bimetallic coinage system of copper-alloy cash coins and silver sycees; paper money was used during different periods of Chinese history under the Qing dynasty, having acquired experiences from the prior Song, Jin, Yuan, and Ming dynasties which adopted paper money but where uncontrolled printing led to hyperinflation. During the youngest days of the Qing dynasty paper money was used but this was quickly abolished as the government sought not to repeat history for a fourth time; however, under the reign of the Xianfeng Emperor, due to several large wars and rebellions, the Qing government was forced to issue paper money again.
The Ta-Ching Government Bank, known as the Ta-Ching Bank of the Ministry of Revenue (大清戶部銀行) from 1905 to 1908, was the name of the Bank of China as a government agency of the Qing dynasty until the empire's dissolution in 1912. It was originally created to serve as the central bank of China in 1905, originally as a division of the Ministry of Revenue, and would serve as the country's de facto central bank until the establishment of the Central Bank of China in 1924.
The banknotes of the Ta-Ching Government Bank, known as the banknotes of the Ta-Ching Bank of the Ministry of Revenue from 1905 to 1908, were intended to become the main form of paper money in the Qing currency system. These banknotes were issued by the Ta-Ching Government Bank, a national financial institution established to serve as the central bank of the Qing dynasty. The Ta-Ching Government Bank had branches throughout China and many of its branches outside of its headquarters in Beijing also issued banknotes.
CN¥144.08 billion
