Hokkaido Takushoku Bank
The Hokkaidō Takushoku Bank, Ltd. (北海道拓殖銀行, Hokkaidō Takushoku Ginko?), literally Hokkaidō Exploitation Bank, was a major commercial bank in Japan, founded in 1899 as a "Special Bank" to promote capitalism on the island of Hokkaidō. Its nickname was Takugin (拓銀 or たくぎん?); it was also known in the media and business world as Hokutaku (北拓?). It was the City Bank in its stronghold of Hokkaidō until it went bankrupt in November 1997, and the following year it transferred its business to the North Pacific Bank (北洋銀行, Hokuyo Ginko?), which is another bank in Hokkaidō, and others. Its unified financial institution code was 0012.
Read more about Hokkaido Takushoku Bank: Early History, 1939 Onwards, The Bubble and Its Collapse, The Phantom Amalgamation Plan, Bankruptcy, Aftermath
Famous quotes containing the word bank:
“Good resolutions are useless attempts to interfere with scientific laws. Their origin is pure vanity. Their result is absolutely nil. They give us, now and then, some of those luxurious sterile emotions that have a certain charm for the weak.... They are simply cheques that men draw on a bank where they have no account.”
—Oscar Wilde (18541900)