Dai-Ichi Kangyo Bank

The Dai-ichi Kangyo Bank, Limited
Native name
株式会社第一勧業銀行
Kabushiki-gaisha Dai-ichi Kangyō Ginkō
Company typePublic KK (TYO: 8311)
IndustryBank
PredecessorDai-ichi Bank (1873-1971)
Nippon Kangyo Bank (1897-1971)
Founded1971
Defunct2002
FateMerged with Fuji Bank and the Industrial Bank of Japan in 2000
SuccessorMizuho Financial Group
Headquarters,
Key people
Shibusawa Eiichi, Founder
Number of employees
14,714 (2001)
Websitewww.dkb.co.jp

The Dai-ichi Kangyo Bank, Limited[1], 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.[2] Dai-Ichi Kangyo Bank was created in 1971 by a consortium of two banks: Dai-Ichi Bank, Japan's oldest bank, and Nippon Kangyo Bank, a state financial institution that granted long-term loans to industry and agriculture.

In 2000, it merged with Fuji Bank and the Industrial Bank of Japan to form Mizuho Financial Group. In 2002, DKB's corporate & investment banking division was transferred to Mizuho Corporate Bank, while its retail banking division was transferred to Mizuho Bank.

  1. ^ 株式会社第一勧業銀行, Kabushiki-gaisha Dai-ichi Kangyō Ginkō
  2. ^ Quint, Michael (19 September 1989). The New York Times (ed.). "Japanese making biggest deal yet with a U.S. Bank". The New York Times (published 19 September 1989). Retrieved 20 October 2012.