National Bank of China

Not to be confused with People's Bank of China.

The National Bank of China (Chinese: 中華匯理銀行) was a bank in Hong Kong. It was founded in 1891 by the Poon's family, a wealthy and influential Guangzhou family. It is the first banknote issuer to be financed by Chinese merchants, began operations and issued banknotes of denominations of HK$5 and HK$10. But the bank closed in 1911.[1][2][3]

References

  1. ↑ Banknotes in early Hong Kong: 1891 National Bank of China ten-dollar note
  2. ↑ Major note-issuing banks in Hong Kong
  3. ↑ China and the World Financial Markets 1870-1930: Modern Lessons From Historical Globalization


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