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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.

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.

References

  • Feng, Bangyan; (2002). A Century of Hong Kong Financial Development. Joint Publishing Hong Kong. .