The Archive · 1934

Native Banking in Shanghai

Regularized by the Joint

reserve Board 'The native banks of Shangha though not so influential as the fo eign and Chinese banks, contribute very largely to the activity of local commercial" and industrial "circles. Since the establishment of the Native Banke' Joint Reserve Board. "48a more regularized. Formerly native banks flourished in the old city of Shanghai, but for a number of years past the business centre has been removed to the International Settlement, There sre now 60. hui-hua (M8) native banks functioning in /Shanghal, of which 86 are located in the Settlement, the remaining four being In Nantzo, Chinese cent territory according to "Chinese jEcononie Bulletion" just issued. The particulars given below are as supplied to the Chamber of Commerce ALBA) at Ningpo Road in October. of the Municipality of Greater Tesq, their" operation have become Shanghal:—ul-hua Native Banks "A" Group Sole ce Native Dames Number st.700.000 4, ona00§ 1781408 103 198 3 *so0.00 aroma Sone

Koans (Short Form) so0n200 Simo" aemae sss0a00 27eomeo—122.03.981 6.20000 For comparison details of the native banks in Nantzo and the International Settlement are set out as follows: Nantao Foreign Settlement Total Hui-hua Native Banks Group Native Bani 3 3 1228 Clerks gegeccoo sisties.1e6 uss. u48

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

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