ST-PETERSBOURG. Certificat de Fondateur. brown, yellow, black. #4800. No 1424. Text in Russian and French, name also in Chinese. Founded 1895 with Russian and French capital. Main offices in St Petersburg and Shanghai. The bank lent money to China and issued Chinese government bonds to finance China for its indemnity to Japan after the First Sino-Japanese War. In 1896, the bank co-financed the construction of the China Eastern Railway. By 1902, it had become the second largest bank in China. Merged with Banque du Nord to form Russo-Asiatic Bank (1910). After losing 5 millionpounds in foreign currency speculations, the bank was closed down.
Themes: BANK & FINANCE
Startprice: € 200