• American-Oriental Banking Corporation Currency & Banknote Values

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Values / World Currency / China Foreign Banks / American-Oriental Banking Corporation

The American-Oriental Banking Corporation series of China Foreign Banks in the World Currency contains 19 distinct entries. The American-Oriental Banking Corporation, founded in 1917, was a conglomerate of four different banks, each with its own business interests and right to issue bank notes: the American-Oriental Banking

The American-Oriental Banking Corporation series of China Foreign Banks in the World Currency contains 19 distinct entries.

The American-Oriental Banking Corporation, founded in 1917, was a conglomerate of four different banks, each with its own business interests and right to issue bank notes: the American-Oriental Banking Corporation (AOBC), based in Shanghai; the American-Oriental Bank of Szechuan (AOBS), based in Chongqing; the American-Oriental Bank of Fukien (AOBF), based in Fuzhou; and the American-Oriental Bank of Tientsin (AOBT), based in Tianjin.

The corporation was 75% American- and 25% Chinese-owned, with business centered on import/export and incorporated in Hartford, Connecticut. The American-Oriental Banking Corporation closed in 1935 as a result of the failure of the foreign exchange business, brought about by China’s abandoning of the silver standard.

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1929 $20 Type 1 (Fr. 1802-1)

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