Former Bank of Tokyo headquarters, now The Bank of Tokyo-Mitsubishi UFJ Nihonbashi Branch (MUFG Plaza)
The Bank of Tokyo, Ltd. (株式会社東京銀行, Kabushiki gaisha Tōkyō Ginkō, BOT) was a Japanese foreign exchange bank that operated from 1946 to 1996. In January 1996, it merged with Mitsubishi Bank to form The Bank of Tokyo-Mitsubishi (now MUFG Bank). Its headquarters was in the Nihonbashi district of Tokyo, adjacent to the Bank of Japan.
BOT was the successor to the Yokohama Specie Bank, a state-chartered foreign exchange bank, and initially operated as an ordinary bank using the YSB's assets. In 1954 it became registered as a specialized foreign exchange bank, and closed all of its business unrelated to foreign trade. BOT became a close partner of the Ministry of Finance and the Japan Bank for International Cooperation in directing Japan's foreign trade policy during the postwar era. BOT had major operations in New York and London, and developed an early system to settle payments between Japanese yen and Chinese yuan during a time when direct foreign exchange was not possible.[1]
Due to the peculiarly international nature of its business, BOT was the only Japanese bank that employed more foreigners than Japanese, and it had large overseas operations and a large number of non-Japanese customers.[2] BOT was particularly active in California from around 1953. It acquired a controlling stake in San Diego-based Southern California First National Bank in 1975 and later renamed it California First Bank. In 1988, California First acquired Union Bancorp to form Union Bank (now MUFG Union Bank), one of the largest banks in California.[3]
BOT historically operated the foreign exchange counters at Japan's international airports, including Haneda Airport and Narita International Airport, which remain under operation by its successor BTMU. Like the Long-Term Credit Bank of Japan, Nippon Credit Bank and Norinchukin Bank, BOT was permitted to issue special bonds to obtain yen funding; BTM continued this program for several years after the Tokyo-Mitsubishi merger.
The "BOT" abbreviation is still used by BOT Lease, a Mitsubishi UFJ Financial Group leasing company established by BOT in 1979.[4]
^"The Origins of Our Bank". Bank of Tokyo-Mitsubishi UFJ. Archived from the original on 13 March 2015. Retrieved 10 April 2015.
^"Bank of Tokyo-Mitsubishi Ltd. History". International Directory of Company Histories, Vol. 15. St. James Press, 1996. Archived from the original on 15 April 2015. Retrieved 10 April 2015.
^"Union Bank's History". MUFG Union Bank. Archived from the original on 17 April 2015. Retrieved 10 April 2015.
^"Corporate History". BOT Lease. Retrieved 10 April 2015.
through the merger oftheBankofTokyo-Mitsubishi, Ltd and UFJ Bank Limited. MUFG Bank, along with Sumitomo Mitsui Banking Corporation and Mizuho Bank, is...
Soneri Bank Limited Standard Chartered Bank (Pakistan) Limited (SC Pakistan) Sindh BankTheBankofTokyo-Mitsubishi UFJ (MUFG Bank Pakistan) United Bank Limited...
TheTokyo Star Bank, Ltd. (株式会社東京スター銀行, Kabushiki-gaisha Tokyo Star Ginkō) is a Japanese bank established on June 11, 2001 out ofthe reorganization of...
Tokyo (/ˈtoʊkioʊ/; Japanese: 東京, Tōkyō, [toːkʲoː] ), officially theTokyo Metropolis (東京都, Tōkyō-to), is the capital city of Japan and one ofthe most...
[citation needed] The core banking units ofthe group, BankofTokyo-Mitsubishi and UFJ Bank, were merged on 1 January 2006, to form MUFG Bank. This integration...
Bangkok Bank Berhad Bankof America Malaysia Berhad Bankof China (Malaysia) Berhad BankofTokyo-Mitsubishi UFJ (Malaysia) Berhad China Construction Bank (Malaysia)...
Tokyo Watanabe Bank (東京渡辺銀行, Tōkyō Watanabe Ginkō), originally named the Twenty-Seventh National Bank (第二十七国立銀行, Dai-Nijūshichi Kokuritsu Ginkō), was...
conglomerate/keiretsu. It merged with TheBankofTokyo in 1996 to form TheBankofTokyo-Mitsubishi (now MUFG Bank). Thebank's operations date to 1880, when...
Deutsche Bank Mizuho Bank HFC BankTheBankofTokyo-Mitsubishi UFJ Intesa Sanpaolo Commonwealth Bankof Australia Public Bank Vietnam Shinhan Bank KEB Hana...
2016, TheBankofTokyo-Mitsubishi UFJ, Japan's largest bank, acquired a 20% minority stake of Security Bank for a deal worth ₱36.9 billion. As of 2021...
Corporation TheBankof New York Mellon TheBankofTokyo-Mitsubishi UFJ Limited The Mizuho Bank Limited The Export-Import Bankof China The Royal Bankof Scotland...
tribunal ofthe UK's accountancy watchdog would rule against the auditor PwC concerning its involvement in Tesco's 2014 case. In 2014, TheBankofTokyo-Mitsubishi...
within the palace's outer moat. It is also Tokyo's financial district and the country's three largest banks are headquartered there. In 1590, before shogun...
Slovakia mBank Banka Creditas Trinity Bank Max banka Oberbank J&T Banka PPF Banka AXA Bank Europe Bank Gutmann Aktiengesellschaft TheBankofTokyo-Mitsubishi...
it was reorganized and rebranded as the Bank ofTokyo, later part of MUFG Bank. The Yokohama Specie Bank played a significant role in Japanese overseas...
increasing retail loans from 45 to 46 percent of total loans.[citation needed] On 5 January 2015, theBankofTokyo-Mitsubishi UFJ, Ltd. (BTMU) Bangkok Branch...
The University ofTokyo (東京大学, Tōkyō daigaku, abbreviated as Tōdai (東大) in Japanese and UTokyo in English) is a public research university in Bunkyō, Tokyo...
banks provide daily quotes ofthe rate, rounded to two decimal places, that each Panel Bank believes one prime bank is quoting to another prime bank for...
was a Japanese bank based in Tokyo and Kobe. It was formed in April 1990 as the Mitsui Taiyo Kobe Bank (MTKB) by the merger of Mitsui Bank (founded 1876)...
Its partners include the Principal Financial Group, BankofTokyo-Mitsubishi UFJ, Standard Bank and Daewoo Securities, among others. CIMB is an abbreviation...
software development company The BankofTokyo, a defunct Japanese bank now part ofTheBankofTokyo-Mitsubishi UFJ Bot, a line of budget desktop PCs manufactured...
Kong, Tokyo, London, and New York City. That year they also began a partnership with Cognizant, to develop block-chain methods of securing thebanks private...