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Added: Feb 11th, 2019
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Bc Bank of China was formally established in February 1920following the approval of Dr. Sun Yat-sen. From 1920 to 1949, the Bank served consecutively as the countrys central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing Chinas financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite many hardships and setbacks. After 1949, drawing on its long history as the state-designated specialised foreign exchange and trade bank, the Bank became responsible for managing Chinas foreign exchange operations and provided vital support to the nations foreign trade development and economic infrastructure by its offering of international trade settlement, overseas fund transfer.
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