The Archive · 1928

National Bank and Currency Loan

New Financial instrument for National Purposes under Board of Well Known Bankers and Business Men; Issue of Notes and Foreign Loans 'Among the latest projects of Nanking are a Central' Bank of China, with -an authorized capital of $20,000,000 supplied by the Central Treasury and a short term oan of $80,000,000 apparently to redeem the currency, as it is to be called the Currency Loan. Its term is seven years, According to the Kuo Min news agency the new Bank will have a Board of Directors and Supervisory Board composed of thoroughly representative business and financial mien,

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account