Yokohama Specie Bank

History

Institutional

• 1879 – The National Bank Act establishes the Yokohama Specie Bank
• 28 February 1880 – Bank officially opens
• 1882 – YSB begins foreign exchange business
• March 1883 – Rokuro Hara is brought in as president
• 1887 – Yokohama Specie Bank Ordinance, and revision in 1889, establishes the YSB as an exchange bank, subject to stricter control than ordinary banks, but also eligible for support from the government and the Bank of Japan
• 1946 – The Bank of Tokyo is designated to take over the business.
• 1963 – Liquidation

  International expansion

• 1880 – YSB establishes an agency in New York
• 1881 – YSB establishes its London sub-branch
• 1884 – The London sub-branch is upgraded to a full branch
• 1893 – YSB opens its Shanghai branch
• 1910 – Honolulu, Hawaii branch opens in a building that the architect Harry Livingston Kerr designed.
• 1915 - Opens Sydney branch

  Miscellaneous

• 4 October 1918 – London branch sub-manager S. Ujie, his wife and three sons, together with bank employee Takashi Aoki and wife Sueko, die when German UBoat UB-91 sinks the.

  Past presidents

• First Michita Nakamura
• Second Eisuke Ono
• Third Hakushu
• Fourth Hara Rokurou
• Fifth Yoshi Takashi Sonoda
• Sixth Yin Aiba Hisashi
• Seventh Korekiyo Takahashi
• 8th Yatarō Mishima
• 9th Mizumachi
• 10th Junnosuke Inoue
• 11th Kazihara Nakazi
• 12th Kodama Kenzi
• 13th Hori Ken Oohisa
• 14th Hideshige Kashiwagi
• 15th Arakawa Shiyouzi
• 16th, Hee-Ichi Takada