National Commercial Bank (China) Explained

The National Commercial Bank Limited, also known as Zhejiang Xingye Bank, was a Chinese bank considered one of the "Three Southern Banks" during nationalist government era.^[1] It was merged to Bank of China (Hong Kong) in 2001.

History

• 1907: Founded in Hangzhou by Zhejiang Provincial Railway Company .
• 1908: Opened its Shanghai branch.
• 1915: Moved headquarters to Shanghai.
• 1946: Established Hong Kong branches.
• 1980: Moved headquarters to Beijing.
• 1989: Became a wholly owned subsidiary of Bank of China Group.^[2]
• 2001: Merged to form Bank of China (Hong Kong).^[3]

Notable staff

• Xu Xinliu (Singloh Hsu), general manager^[4]

Notes and References

1. Book: Zhaojin . Ji . A History of Modern Shanghai Banking: The Rise and Decline of China's Financial Capitalism . 2003 . . 9781317478072 . 114–116 . 2016 . 2002029407.
2. http://www.ndcnc.gov.cn/datalib/2004/Organize/DL/DL-20040131164226/ 浙江兴业银行香港分行 (Chinese)
3. http://www.bochk.com/web/common/multi_section.xml?section=about&level_2=bank_profile&fldr_id=291&NOCACHE History of Bank of China (Hong Kong)
4. Web site: Hu Zhuoran (胡卓然) . zh:侵华日军曾击落中国民航客机 . Japanese invading forces shot down a Chinese civilian aircraft . http://history.sina.com.cn/his/zl/2014-07-18/112995625.shtml . . Chinese . 18 July 2014 . https://web.archive.org/web/20140821034818/http://history.sina.com.cn/his/zl/2014-07-18/112995625.shtml . 21 August 2014 . live . 浙江兴业银行总经理徐新六(图2)、[...]. - The "National Commercial Bank" was also known as the "Zhejiang Xingye Bank" (浙江興業銀行/浙江兴业银行)