Dai-Ichi Kangyo Bank

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The Dai-Ichi Kangyo Bank, Limited (株式会社第一勧業銀行 Kabushiki-gaisha Dai-Ichi Kangyō Ginkō?), abbreviated as DKB (第一勧銀 Dai'ichi Kangin?), was one of the largest banks in the world during the latter half of the 20th century. It was merged into Mizuho Bank in 2002.

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[edit] History

DKB Head Office, now known as Mizuho Bank Head Office
DKB Head Office, now known as Mizuho Bank Head Office

[edit] Dai-ichi Bank

The Dai-ichi Bank, Ltd. was the first bank ever to be established in Japan. It was established by the industrialist Shibusawa Eiichi. It was originally empowered to issue banknotes, until the Bank of Japan assumed this function in 1883.

[edit] Nippon Kangyo Bank

The Nippon Kangyo Bank, Ltd. was formed in 1897 as a governmental institution providing long-term industrial and agricultural loans.

[edit] Merger

In 1971 the Dai-ichi and the Nippon Kangyo Bank merged to form the Dai-ichi Kangyo Bank, Limited (DKB). DKB surpassed longtime leader the Fuji Bank as the Japan's largest bank by assets.

[edit] See also

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