345:(First National Bank), which had established a branch in 1878. The Bank of Korea assumed responsibility for the banknotes issued by the Dai-Ichi Bank that were still in circulation (which totalled 12,000,000 yen), the Dai-Ichi Bank would further transfer to the Bank of Korea the 4,000,000 yen in specie reserves which backed its banknotes. The balance was converted by the Bank of Korea to a loan of 20 years without interest to the Dai-Ichi Bank.
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It expanded its business as a general bank in Japan, Manchuria and China to promote foreign investment of
Japanese capital. In other words, from mid-1910, while expanding loans in Japan and Manchuria, they participated in Japanese loans to China and allocated more than 50% of all loans to the region.
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period alone, 9 million won in 1911 and 755 million won in 1944 were loaned, while commercial loans accounted for 60-70%. Also, the amount of deposits increased from 6 million won in 1911 to 583 million won in 1944. However, unlike the Bank of Japan, it was in a competitive position in loans and
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Therefore, the bank held more than a third of its issuance amount in reserves consisting of
Japanese bank notes and gold and silver now. However, the total issuance of banknotes increased from 25 million won at the end of 1911 to 3.574 billion won in March 1945 by adjusting the amount of other
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556:"Korea - A Numismatic Survey. (This article has been transposed to this format from a July 1988 supplement issue included with Coin World. Its original title was: Beyond Cash - A Numismatic Survey of Korea.)"
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In addition to handling foreign exchange transactions between Japan, Korea, Manchuria, and China, it played a role as a commercial and trade bank by taking charge of deposits and loans in the region. In the
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At the end of 1924, the loan amount reached 80 million won in Joseon, 1.75 billion won in Japan, and 1.25 billion won in
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with stock owned by a number of
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by Japan in 1910, the bank was reorganized and its name was changed to reflect the official name for Korea.
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that issued banknotes, which are legal currency exchanged one-to-one with
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in Korea, regulated domestic prices, and serviced international trade with branches in
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The Korean
Council for the Women Drafted for Military Sexual Slavery by Japan
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Women's
International War Crimes Tribunal on Japan's Military Sexual Slavery
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The bank was established by the
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issuance according to the bill issuance limit designated by Japan.
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Treaty on Basic
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The bank was dissolved in 1950 and replaced by the newly formed
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Special Law to Redeem Pro-Japanese Collaborators' Property
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1343:1950 disestablishments in Korea
468:It played a role as a colonial
34:needs additional citations for
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1053:List of independence activists
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16:Central bank of colonial Korea
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374:and in Japan, as well as in
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1033:Declaration of Independence
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333:History and background
321:. The bank issued the
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686:Chōsen Art Exhibition
535:List of central banks
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902:Battle of Qingshanli
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425:improve this section
355:The bank remained a
244:Revised Romanization
139:Head office in Seoul
43:improve this article
971:Five Eulsa Traitors
926:June Tenth Movement
329:from 1945 to 1950.
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1221:Murayama Statement
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561:. Moneta-Coins.com
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32:This article
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1119:Keijō Shrine
1093:Heijō Shrine
996:Refrain Club
823:Forced labor
743:Hwacheon Dam
720:State Shinto
709:Sōshi-kaimei
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563:. Retrieved
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517:Banks portal
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470:issuing bank
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174:Romanization
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41:Please help
36:verification
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1256:(1946–1947)
1013:Yi Yun-yong
910:(1920–1921)
845:Sado Island
753:Sup'ung Dam
711:(1939–1945)
700:(1920–1945)
688:(1922–1944)
319:South Korea
303::
191:Korean name
1322:Categories
976:Hong Sa-ik
855:Utoro, Uji
748:Korean yen
644:Government
541:References
530:Korean Yen
393:Activities
348:After the
323:Korean yen
309:) was the
69:newspapers
1197:Hibakusha
762:Companies
565:3 October
441:July 2023
412:does not
368:Manchukuo
99:July 2023
981:Iljinhoe
503:See also
364:currency
287:Japanese
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83:scholar
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1138:Legacy
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567:2019
416:any
414:cite
378:and
306:조선은행
291:朝鮮銀行
280:The
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62:news
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327:won
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226:銀行
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207:은행
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