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Far East Bank was a bank in Hong Kong which has since merged into Bank of East Asia. Far East Bank was founded in 1959 by Mr. Deacon Chiu (邱德根), the founder of Far East Holdings. It started as a qianzhuang (native bank) in Tsuen Wan by collecting deposits from farmers. In the 1960s, it suffered heavily from heavy lending to property sector and fraud. In 1965, bank runs occurred in several small and medium banks in Hong Kong, which eventually triggered the stock market crash in 1965. By order of the British Hong Kong government, the bank was aided by The Hongkong and Shanghai Banking Corporation until it was acquired by First National City Bank in 1969. In 1992, the bank was acquired by First Pacific and merged to Hong Nin Savings Bank to form First Pacific Bank.

AttributesValues
rdf:type
rdfs:label
  • Far East Bank (en)
  • 遠東銀行 (香港) (zh)
rdfs:comment
  • 遠東銀行創辦於1959年，創辦人是經營戲院的邱德根。早期，遠東銀行僅是一家荃灣的小錢莊。1960年代，遠東銀行也深深地陷入對房地產的貸款及投資中。1965年銀行危機爆發時，它是遭受大量提款的銀行之一，並且是香港銀行業中唯一不符合《銀行業條例》有關法定清償力比率要求的銀行。1965年11月25日，遠東銀行香港仔分行遭到擠提。應政府的要求，香港上海滙豐銀行發表聲明，表示對遠東銀行的無條件支持仍然有效。滙豐對遠東銀行的支持直至1969年，在該年被萬國寶通銀行（即花旗銀行）收購。 1989年，林紹良透過第一太平集團收購遠東銀行，並與康年銀行合併成為第一太平銀行，後第一太平銀行於2002年再併入東亞銀行。 (zh)
  • Far East Bank was a bank in Hong Kong which has since merged into Bank of East Asia. Far East Bank was founded in 1959 by Mr. Deacon Chiu (邱德根), the founder of Far East Holdings. It started as a qianzhuang (native bank) in Tsuen Wan by collecting deposits from farmers. In the 1960s, it suffered heavily from heavy lending to property sector and fraud. In 1965, bank runs occurred in several small and medium banks in Hong Kong, which eventually triggered the stock market crash in 1965. By order of the British Hong Kong government, the bank was aided by The Hongkong and Shanghai Banking Corporation until it was acquired by First National City Bank in 1969. In 1992, the bank was acquired by First Pacific and merged to Hong Nin Savings Bank to form First Pacific Bank. (en)
foaf:name
  • Far East Bank (en)
name
  • Far East Bank (en)
dcterms:subject
Wikipage page ID
Wikipage revision ID
Link from a Wikipage to another Wikipage
sameAs
dbp:wikiPageUsesTemplate
dissolved
formation
founder
  • Deacon Chiu (en)
founding location
  • Tsuen Wan, (en)
j
  • Jyun5 dung1 ngan4 hong4 (en)
labels
  • no (en)
native name
  • 遠東銀行 (en)
native name lang
  • zh-hant (en)
status
  • Defunct (en)
successor
t
  • 邱德根 (en)
  • 遠東銀行 (en)
type
  • Bank (en)
y
  • Yúhn dūng ngàhn hòhng (en)
has abstract
  • Far East Bank was a bank in Hong Kong which has since merged into Bank of East Asia. Far East Bank was founded in 1959 by Mr. Deacon Chiu (邱德根), the founder of Far East Holdings. It started as a qianzhuang (native bank) in Tsuen Wan by collecting deposits from farmers. In the 1960s, it suffered heavily from heavy lending to property sector and fraud. In 1965, bank runs occurred in several small and medium banks in Hong Kong, which eventually triggered the stock market crash in 1965. By order of the British Hong Kong government, the bank was aided by The Hongkong and Shanghai Banking Corporation until it was acquired by First National City Bank in 1969. In 1992, the bank was acquired by First Pacific and merged to Hong Nin Savings Bank to form First Pacific Bank. In 2000, First Pacific Bank was acquired by the Bank of East Asia. In 2002, the bank was merged into Bank of East Asia. (en)
  • 遠東銀行創辦於1959年，創辦人是經營戲院的邱德根。早期，遠東銀行僅是一家荃灣的小錢莊。1960年代，遠東銀行也深深地陷入對房地產的貸款及投資中。1965年銀行危機爆發時，它是遭受大量提款的銀行之一，並且是香港銀行業中唯一不符合《銀行業條例》有關法定清償力比率要求的銀行。1965年11月25日，遠東銀行香港仔分行遭到擠提。應政府的要求，香港上海滙豐銀行發表聲明，表示對遠東銀行的無條件支持仍然有效。滙豐對遠東銀行的支持直至1969年，在該年被萬國寶通銀行（即花旗銀行）收購。 1989年，林紹良透過第一太平集團收購遠東銀行，並與康年銀行合併成為第一太平銀行，後第一太平銀行於2002年再併入東亞銀行。 (zh)
merged
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schema:sameAs
prov:wasDerivedFrom
page length (characters) of wiki page
original name
  • 遠東銀行 (en)
status
  • Defunct
founded by
merged with
successor
foaf:isPrimaryTopicOf
is Link from a Wikipage to another Wikipage of
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