Native name | 株式会社第一勧業銀行 |
---|---|
Romanized name | Kabushiki-gaisha Dai-ichi Kangyō Ginkō |
Company type | Public KK (TYO: 8311) |
Industry | Bank |
Predecessor | Dai-Ichi Bank (1873-1971) Nippon Kangyo Bank (1897-1971) |
Founded | 1971 |
Defunct | 2002 |
Fate | Merged with Fuji Bank and the Industrial Bank of Japan in 2000 |
Successor | Mizuho Financial Group |
Headquarters | , |
Key people | Shibusawa Eiichi, Founder |
Number of employees | 14,714 (2001) |
Website | www.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 third of the 20th century.[2] It was created in 1971 by merger of 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.