Hang Lung Bank
Hang Lung Bank (Chinese: 恆隆銀行) was a bank in Hong Kong. It is now merged to DBS Bank (Hong Kong). On September 1982, a bank run happened on Hang Lung Bank after the collapse of Che Lee Yuen Jewellery & Goldsmith Company and the spread of rumours. But the run subsided on the second day. On September 1983, the level of deposits in the bank was below the level after adjusting for the valuation effect of the depreciation of the Hong Kong dollar. On 27 September 1983, the Legislative Council passed the "Hang Lung Bank (Acquisition) Ordinance Bill 1983" and the British Hong Kong Government decided to take over the bank. This ensured HK$148 million worth of cheques could be returned to the bank to meet its clearing.
Wikipage disambiguates
primaryTopic
Hang Lung Bank
Hang Lung Bank (Chinese: 恆隆銀行) was a bank in Hong Kong. It is now merged to DBS Bank (Hong Kong). On September 1982, a bank run happened on Hang Lung Bank after the collapse of Che Lee Yuen Jewellery & Goldsmith Company and the spread of rumours. But the run subsided on the second day. On September 1983, the level of deposits in the bank was below the level after adjusting for the valuation effect of the depreciation of the Hong Kong dollar. On 27 September 1983, the Legislative Council passed the "Hang Lung Bank (Acquisition) Ordinance Bill 1983" and the British Hong Kong Government decided to take over the bank. This ensured HK$148 million worth of cheques could be returned to the bank to meet its clearing.
has abstract
Hang Lung Bank (Chinese: 恆隆銀行) ...... to form DBS Bank (Hong Kong).
@en
恆隆銀行(英文:Hang Lung Bank),是香港一間已 ...... 行與海外信託銀行及廣安銀行合併,並更名為星展銀行 (香港)。
@zh
fate
Acquired byDao Heng Bankin 1989
@en
foundation place
founding date
1965-04-01
founding year
industry
internationally
państwo
region served
service
successor
Wikipage page ID
21,804,567
Wikipage revision ID
642,739,583
native name
native name lang
predecessor
Hang Lung Ngan Ho
hypernym
comment
Hang Lung Bank (Chinese: 恆隆銀行) ...... the bank to meet its clearing.
@en
恆隆銀行(英文:Hang Lung Bank),是香港一間已 ...... 行與海外信託銀行及廣安銀行合併,並更名為星展銀行 (香港)。
@zh
label
Hang Lung Bank
@en
恆隆銀行
@zh
wasDerivedFrom
isPrimaryTopicOf
name
Hang Lung Bank
@en