Yien Yieh Commercial Bank

Yien Yieh Commercial Bank (Chinese: 鹽業銀行) was a bank in Hong Kong. It was established in Beijing in 1915 by Mr. Zhang Zhenfang (Chinese: 張鎮芳), the cousin of Yuan Shikai, to specialize salt industry with official funds under government supervision. Yien Yieh Commercial Bank, Continental Bank, Kincheng Banking Corporation and China & South Sea Bank were called "four northern banks" in 1920s in China.

In 1952, it was grouped into the "Joint Office of Joint Public-Private Banks" with other 8 Chinese banks. In 2001, it was merged to form Bank of China (Hong Kong).

Read more about Yien Yieh Commercial Bank:  See Others

Famous quotes containing the words commercial and/or bank:

    A commercial society whose members are essentially ascetic and indifferent in social ritual has to be provided with blueprints and specifications for evoking the right tone for every occasion.
    Marshall McLuhan (1911–1980)

    A man’s labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.
    William Booth (1829–1912)