Chinese Soviet Republic National Bank

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Chinese Soviet Republic National Bank
A one yuan banknote issued by Chinese Soviet Republic National Bank
Traditional Chinese中華蘇維埃共和國國家銀行
Simplified Chinese中华苏维埃共和国国家银行
Chinese Soviet Republic National Bank – Northwest Branch
Traditional Chinese中華蘇維埃共和國國家銀行西北分行
Simplified Chinese中华苏维埃共和国国家银行西北分行
Shensi-Kansu-Ninghsia Border Area Bank
Traditional Chinese陝甘寧邊區銀行
Simplified Chinese陕甘宁边区银行

The Chinese Soviet Republic National Bank was a bank established by the Chinese Communist Party-controlled Chinese Soviet Republic in the Republic of China. Its governor was Mao Zemin, the younger brother of Mao Zedong. It was involved in providing mortgage, loaning, saving, billing, and government bond services, and was responsible for issuing banknotes and coins in the CCP's controlled territory from 1932 to 1937.[1]

History[edit]

The bank was established in Ruijin, Jiangxi, on 1 February 1932. From 1935 to 1936 it was gradually moved to Shanbei along with the Red Army and renamed to the Chinese Soviet Republic National Bank – Northwest Branch. Following the creation of the Second United Front and the dissolution of the CSR in the aftermath of the Xi'an Incident, the bank was renamed to the Shensi-Kansu-Ninghsia Border Area Bank in 1937.[2][3]

References[edit]