Download Banking, the State and Industrial Promotion in Developing by S. Ogura PDF

Download Banking, the State and Industrial Promotion in Developing by S. Ogura PDF

By S. Ogura

Shinji Ogura's insightful exam of the banking constitution of constructing Japan exhibits how eastern banks turned embroiled within the fresh monetary main issue. He demonstrates that the habit of banks heading advertisement teams was once an important to the improvement of the industrial process. Their unexpected enlargement into the long term lending company after the Nineteen Seventies is proven to have brought on the damaging bubble financial system of the subsequent decade. This priceless research throws new mild on Japan's present monetary drawback.

Show description

Read or Download Banking, the State and Industrial Promotion in Developing Japan, 1900-73 PDF

Best banks & banking books

Vault Career Guide to Investment Banking

The consultant covers the fundamentals of economic markets, together with walk-throughs of fairness and glued source of revenue choices, and M&A deepest placements and reorgs, and dissects profession paths and task duties at departments resembling company finance, revenues and buying and selling, examine, and syndicate.

Panic in Paradise: Florida's Banking Crash of 1926

Panic in Paradise is a entire research of financial institution mortgage disasters in the course of the Florida land increase of the mid-1920s, through the years previous the inventory marketplace crash of 1929. Florida and Georgia skilled a banking panic in 1926 whilst, in a ten-day interval in July, after uncontrollable depositor runs, 117 banks closed within the states.

Handbook of Short Selling

This complete exam of brief promoting, that is a big gamble on shares declining in price, explores the ways in which this procedure drives monetary markets. Its concentrate on brief promoting by way of sector, its attention of the background and rules of brief promoting, and its mix of and educational views make clear the makes use of of brief promoting and dispel notions of its damaging implications.

Extra resources for Banking, the State and Industrial Promotion in Developing Japan, 1900-73

Example text

19 20 Banking, the State and Industrial Promotion guaranteed by the British Government and at a much lower rate of interest than we could market the bonds here. We understand that the proceeds of this loan are to be used in part for funding other short-term loans. 45 Mitsui Bank continued to step up its loans in the years after the recession of 1920, and many of the country’s largest companies were among its major borrowers. 3 shows that in 1924 the list of major borrowers with a debt of five million yen or more was headed by Mitsui and Company with 38 million yen.

Sumitomo Bank was established in 1895, 19 years after Mitsui Bank, and was reorganized into a joint-stock company with authorized capital of 15 million yen in 1912, three years later than Mitsui Bank. But it was ahead of Mitsui Bank by two years in offering 30 000 of 150 000 new shares to the public in 1917. Within a year of the sale of the shares Sumitomo Bank increased the number of its managing directors from one to four, chose an outside director from among its major shareholders and established a board of managing directors with broad authority over decision making.

Special current deposits. 3. Time deposits. 4. Notice deposits. Source: Mitsui Bank, Documents on the Bank’s Substantial Credit to Customers (Sakura Bank archives, unpublished). Mitsui Bank under the Control of the Mitsui Family 27 securities and foreign exchange business, while the rest was added to its reserves. As these reserves swelled, the bank’s outlook changed considerably. The reserves had reached more than 70 million yen by the end of May 1927, and the proportion deposited in non-interestbearing current accounts at the Bank of Japan had risen to more than 60 million yen.

Download PDF sample

Rated 4.70 of 5 – based on 39 votes
Comments are closed.