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The Dai-ichi Kangyo Bank, Limited [1], abbreviated as DKB (第一勧銀, Dai'ichi Kangin), was one of the largest banks in the world during the latter third of the 20th century. [2] It was created in 1971 by merger of Dai-Ichi Bank , Japan's oldest bank, and Nippon Kangyo Bank , a state financial institution that granted long-term loans to ...
Industrial and Commercial Bank of China, the world’s largest bank by total assets. This list is based on the April 2024 S&P Global Market Intelligence report of the 100 largest banks in the world. The ranking was based upon assets as reported and was not adjusted for different accounting treatments. [1]
As of January 2025, there are 100 regional banks (地方銀行), with their head offices usually in the capital cities of the 47 Japanese prefectures, serving mainly their local customers. [2] Some of the larger banks had or have opened offices in nearby countries such as China, the US, or the UK., but the number of these has declined since the ...
Mitsubishi Bank and the Bank of Tokyo merged in 1996 to form the Bank of Tokyo-Mitsubishi, which at that point was the world's largest bank in terms of total assets. [10] The Bank of Tokyo had historically focused on foreign exchange business since its foundation as the Yokohama Specie Bank in 1880, while Mitsubishi Bank had had a stronger focus on domestic corporate and retail banking.
Mitsui Bank agreed to merge with Taiyo Kobe Bank in 1989. At the time (in the midst of the Japanese asset price bubble), the merger was to create the second largest bank in the world behind Dai-Ichi Kangyo Bank. While TKB had a strong base of individual and small business customers, Mitsui had a complementary base of larger institutional clients.
Lloyds Bank California's 88 branches and $3 billion in assets was divested to Japanese-owned Golden State Sanwa Bank for a $263 million cash consideration in 1986, to form Sanwa Bank California. [12] Sanwa Bank KK had established an agency in California in 1953 and a subsidiary in 1972.
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Chiba Bank is the third-largest of Japan's 64 regional banking groups in terms of total assets. As of March 2008, it had total assets of ¥9.8 trillion and a loan portfolio topping ¥6.6 trillion, which also made it one of the world's 200 largest banks. The bank is one of the few banks that discloses net interest margins (NIM) on their lending. [7]