The story
Founded by Tan Kah Kee on Jul 15, 1947.1
It was founded by Tan Kah Kee on 15 July 1947, and it has 23 branches in Hong Kong and focuses on serving the community of Fujianese people in Hong Kong.
Chiyu was explicitly created by Chen to create a sustainable business with profits to be devoted to education in Xiamen and the rest of Fujian province in China. Since its founding, it has spent more than HK$1 billion in education in the province, primarily through funding Jimei University and its related schools.
From Wikipedia’s article on Chiyu Banking Corporation, shared under CC BY-SA 4.0.3
