Hong Nin Savings Bank
Hong Nin Savings Bank (Traditional Chinese: 康年儲蓄銀行) was a bank in Hong Kong, founded in 1921.
| 康年儲蓄銀行 | |
| Formation | 1921 |
|---|---|
| Dissolved | 1986 |
| Location | |
| Hong Nin Savings Bank | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Traditional Chinese | 康年儲蓄銀行 | ||||||||
| |||||||||
In 1986, the bank had four branches and deposits of about HK$300m (US$38m). The bank was taken over by the colonial Government of Hong Kong, in 1986, due to defaults on several loans related to shipping and dwindling deposits.
In 1987, Hong Nin was acquired by First Pacific and renamed it to First Pacific Bank.
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