Collectable vintage antique. Selling on other sites too.
Merger In Dai-ichi Bank and Nippon Kangyo Bank merged to form the Dai-ichi Kangyo Bank, Limited (“DKB”). DKB surpassed longtime leader the Fuji Bank as the Japanese largest bank measured by assets and deposit market share. DKB formed DKB Group (also known as Dai-ichi Kangyo Group), the largest Japanese keiretsu in terms of the number of associated companies, and became the central bank of DKB Group. Taking over Nippon Kangyo and Noko's operation, DKB was the sole trustee of Takarakuji lottery and was the only bank to have branches in every prefecture in Japan. DKB executives worried about recurrence of the problem in Teikoku Bank period that former two banks' employees were on bad terms each other. Therefore, they were particular about “a merger of equals”. DKB's board of directors, for example, was always composed half-and-half of former Dai-ichi members and former NKB members. The board of directors installed the former two banks members alternately as the next chairman and president. These practices, however, backfired, but only caused difficulty among the employees that was similar to Teikoku's case. Irrational personnel affairs prevented DKB from growing profitable revenue. Although DKB had higher assets than any other Japanese banks, its capability was inferior to that of high-ranking banks such as Fuji, Sumitomo, Sanwa or Mitsubishi. Just a brief history of the banks and this commerative magnifier. Read More