Agricultural Promotion and Merger Law - Kanno Gappeiho

Japanese: 勧農合併法 - かんのうがっぺいほう

…The Industrial Bank of Japan was the one that rescued the Agricultural and Industrial Banks. The struggling Agricultural and Industrial Banks had become increasingly dependent on the Industrial Bank, but based on the Industrial Bank Merger Law (officially called the "Merger of the Industrial Bank of Japan and the Industrial Bank of Japan") promulgated in April 1946, 19 Agricultural and Industrial Banks merged with the Industrial Banks between 1946 and 1943, and eight between 1952 and 1955, allowing the Industrial Banks to expand their scale of operations.
[Wartime Control of Banks]
With the outbreak of the Sino-Japanese War, wartime controls were imposed on banks and other financial institutions.

From Japan Industrial Bank Ltd.

...In addition, through an agency lending system in which loans were made through each prefecture's agricultural and industrial banks, the bank gradually came under its control. In 1921, the Law Concerning the Merger of the Industrial Bank of Japan and the Industrial Bank of Japan (the Industrial Bank of Japan Merger Law) was enacted, and by 1923, 19 industrial and agricultural banks had merged, and by 1944, all 46 prefectural agricultural and industrial banks had been merged in four stages. During the depression of the 1920s, the Industrial Bank of Japan acted as an intermediary for rescue loans funded by the Deposit Department (now the Fund Management Department) of the Ministry of Finance.

From Agriculture and Industry Bank

...During the economic boom following World War I, agricultural and industrial banks emerged that were able to overcome their capital shortages and become independent, but on the other hand, there were also agricultural and industrial banks that could not overcome their capital shortages, and the gap widened. In 1921, the Act on the Merger of the Industrial Bank of Japan and the Industrial Bank of Japan (the Industrial Bank Merger Law) was enacted, and between 1921 and 1923, 19 agricultural and industrial banks were merged into the Industrial Bank of Japan (the first merger). In 1923, the Central Bank of the Industrial Cooperatives was established, and the functions of the Industrial Cooperatives' central bank, the Industrial Bank of Japan, were transferred to it.

*Some of the terminology used in relation to the Agricultural Merger Law is listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…農工銀行の救済にあたったのは日本勧業銀行であった。経営不振の農工銀行は勧銀への依存を強めていたが，21年4月公布の勧農合併法(正称は〈日本勧業銀行と農工銀行の合併に関する件〉)に基づき，21‐23年に農工銀行19行，27‐30年に8行が勧銀と合併され，勧銀は経営規模を拡大した。
［銀行の戦時統制］
　日中戦争の勃発にともない銀行等金融諸機関に対する戦時統制が実施された。…

【日本勧業銀行[株]】より

…また，各府県の農工銀行を窓口にして貸し出す代理貸付制度を通して，しだいに農工銀行を支配下に入れた。そして21年〈日本勧業銀行及農工銀行ノ合併ニ関スル法律(勧農合併法)〉が成立して，23年までに農工銀行19行を合併，44年までには4次にわたって46府県すべての農工銀行を合併した。1920年代の不況期には，勧銀は大蔵省預金部(現，資金運用部)資金による救済融資の経由機関の役割を果たした。…

【農工銀行】より

…第1次大戦による好況期には資金不足を解消して独立化する農工銀行が出現したが，他方では資金難を解消できない農工銀行も存在し，格差が拡大した。1921年に成立した〈日本勧業銀行及農工銀行ノ合併ニ関スル件〉(勧農合併法)により，1921‐23年の間に19の農工銀行が勧銀に合併された(第1次合併)。また23年には産業組合中央金庫が設立され，産業組合の中央銀行としての農工銀行の機能はそこへ移された。…

※「勧農合併法」について言及している用語解説の一部を掲載しています。

出典｜株式会社平凡社世界大百科事典第２版について | 情報

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