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| Chiyu Bank | |||||||||||||
Native name | 集友銀行 | ||||||||||||
| Type | Subsidiary | ||||||||||||
| Founded | 15 July 1947 | ||||||||||||
| Founder | Tan Kah Kee | ||||||||||||
Area served | Hong Kong | ||||||||||||
| Parent | Xiamen International Bank | ||||||||||||
| Chinese name | |||||||||||||
| Traditional Chinese | 集友銀行 | ||||||||||||
| Simplified Chinese | 集友银行 | ||||||||||||
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| full name | |||||||||||||
| Traditional Chinese | 集友銀行有限公司 | ||||||||||||
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| Website | www | ||||||||||||
Chiyu Banking Corporation Limited also known as Chiyu Bank is a bank incorporated in Hong Kong.
It was founded by Tan Kah Kee on 15 July 1947,and it has 23 branches in Hong Kong and focuses on serving the community of Fujianese people in Hong Kong.
Chiyu was explicitly created by Chen to create a sustainable business with profits to be devoted to education in Xiamen and the rest of Fujian province in China. Since its founding,it has spent more than HK$1 billion in education in the province,primarily through funding Jimei University and its related schools.
Bank of China (Hong Kong) gradually accumulated a 70% stake in Chiyu in the 1970s;the rest of the bank is held by the Jimei University foundation,the government of Xiamen Municipality City and minority shareholders.
On 27 March 2017,Bank of China (Hong Kong) disposed of all of its 70.49% of interests in Chiyu., [1] selling most of it to Xiamen International Investment Limited,a wholly owned subsidiary of Xiamen International Bank Co. Ltd,and part of it (6.18% of Chiyu) to the Committee of Jimei Schools. [2]
Xiamen,also known as Amoy,is a sub-provincial city in southeastern Fujian,People's Republic of China,beside the Taiwan Strait. It is divided into six districts:Huli,Siming,Jimei,Tong'an,Haicang,and Xiang'an. All together,these cover an area of 1,700.61 square kilometers (656.61 sq mi) with a population of 5,163,970 as of 2020 and estimated at 5.308 million as of 31 December 2022. The urbanized area of the city has spread from its original island to include most parts of all six of its districts,as well as 4 Zhangzhou districts,which form a built-up area of 7,284,148 inhabitants. This area also connects with Quanzhou in the north,making up a metropolis of nearly ten million people. The Kinmen Islands (Quemoy) administered by the Republic of China (Taiwan) lie less than 6 kilometers (4 mi) away separated by Xiamen Bay. As part of the Opening Up Policy under Deng Xiaoping,Xiamen became one of China's original four special economic zones opened to foreign investment and trade in the early 1980s.
Central is the central business district of Hong Kong. It is located in the northeastern corner of the Central and Western District,on the north shore of Hong Kong Island,across Victoria Harbour from Tsim Sha Tsui,the southernmost point of Kowloon Peninsula. The area was the heart of Victoria City,although that name is rarely used today.
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.
Tan Kah Kee was a Chinese businessman,investor,and philanthropist active in Singapore and the Chinese cities of Hong Kong,Shanghai,Xiamen,and Guangzhou.
Huaqiao University is a national university located in Xiamen and Quanzhou,Fujian province,China.
Jimei University (JMU),colloquially known as "Jídà",is a public university in Xiamen,Fujian,People's Republic of China.It offers doctorate degree programs. It is authorized to enroll postgraduate candidates exempt from admission exam and enrolls students from all over the country.
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 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.
Bank of China (Hong Kong) Limited (Chinese:中國銀行(香港)有限公司),also known as its short name Bank of China (Hong Kong) or BOCHK (Chinese:中銀香港),is a subsidiary of the Bank of China (via the Hong Kong-listed intermediate holding company BOC Hong Kong (Holdings)). Bank of China (Hong Kong) is the second-largest commercial banking group in Hong Kong in terms of assets and customer deposits (2008 data),with more than 190 branches across Hong Kong as of the end of 2019. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar.
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.
JETCO,officially Joint Electronic Teller Services Limited is a network of automatic teller machines in Hong Kong and Macau.
Oversea-Chinese Banking Corporation,Limited,abbreviated as OCBC Bank,is a Singaporean multinational banking and financial services corporation headquartered in the OCBC Centre. OCBC Bank was created in 1932 during the Great Depression with the consolidation of three banks,the Chinese Commercial Bank Limited,the Ho Hong Bank Limited,and the Oversea-Chinese Bank Limited.
Bank of China Group was the brand used to denote 13 banks that were almost entirely owned by the Chinese government that operated in Hong Kong,until their merger in 2001 to form Bank of China. The exception was the Hong Kong branch of the Bank of Communications,which left BOCG in 1998. The BOCG brand is still retained by the life insurance and casualty insurance operations of the Bank of China,in both Hong Kong and Mainland China.
Hong Kong Note Printing Limited is a company which prints the bank notes of all the three note-issuing banks in Hong Kong. The banknote printing plant was founded in 1984 by Thomas De La Rue in Tai Po Industrial Estate. In April 1996,the Hong Kong Government purchased the plant through the Exchange Fund,and operated it under the current name.
Electronic Payment Services,commonly known as EPS,is an electronic payment system based in Hong Kong,Macau,and with limited acceptance in Shenzhen since it began operations in 1985. The service is provided by EPS Company Limited with currently over 30,000 acceptance locations.
Xiamen International Bank (XIB) was established in August 1985 as the first joint venture bank in China with capital of RMB 410.069 billion. Xiamen International Bank has now grown into a bank with good reputation in the world that covers Hong Kong,Macao and Mainland China.
Xiamen University of Technology is a provincial public university located in Xiamen,Fujian province,China.
He Guangbei,JP,is vice chairman and chief executive officer of BOC Hong Kong Holdings,Bank of China and BOC Group Life Assurance. He is also the chairman of Chiyu Banking Corporation and director of Nanyang Commercial Bank.
Wong Ker-lee,was a Fujianese Hong Kong businessman and politician. He was first Mayor of Taichung after the Chinese retrocession of Taiwan from 1946 to 1947 when he resigned for the February 28 Incident. After he moved to Hong Kong,he founded several banks including the Overseas Trust Bank and the Hong Kong Industrial and Commercial Bank. From the 1980s,he was the member of the National Committee of the 6th,7th,8th and 9th Chinese People's Political Consultative Conference (CPPCC) and member of its standing committee from 1988 to 2003.
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