ABSTRACT

IN THE FIRST twenty years or so after the end of the war British banks had only a limited role in Japan. British overseas banks such as the Hongkong and Shanghai Banking Corporation and the Standard Chartered Bank, which had opened branches in Japan before the war, were permitted to reopen but the Japanese Ministry of Finance (MOF) did not allow them to expand their operations or to benefit more than marginally from Japan's economic growth in the late nineteen fifties and sixties.