Tuesday, March 24, 2009

Wednesday, March 18, 2009

BANK OF BENGAL ,FARMAN,etc


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

EAST India company 1862 bank note


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INDIA STOCK NOTE 1891 FOR 100 RUPEES ISSUED BY ALLAHABAD CIRCLE,[similar to USA,P-280 USA 1860-91]A VERY RARE uncatalogued bank note of'' India stock note 1891''; with a small hole cancellation; as all notes are cancelled due to an financial crisis of the world starting IN USA spreading to commonwealth and to INDIA. AN HISTORICAL PIECE .A MUST HAVE FOR RARE NOTES OF THE WORLD.
SIMILAR NOTE WAS ONLY ISSUED IN USA ONLY IN 1861-1890 with interest coupon attached.
INTEREST BEARING NOTES OF USA UNDER THE A CT OF 17-3-1861 [0897]
P 280 50$ eagle at center 7-3 / 10 % interest for 3 years coupons attached and printed with the bank note to be detached later as in INDIA STOCK NOTE OF 1890 WITH 4% INTEREST COUPON ATTACHED

Thursday, March 12, 2009

DEERS on 5 Rupees indian banknotes


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

RARE FRENCH INDIA banknote of PONDICHERRY


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Blank watermark sheet of BRITISH INDIA 5 Rupees note


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Elephants in Jungle of Bamboos,WEALTH,&Prosperity giver.


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ERROR 100 Rs Indian banknotes,Wealth symble.


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

Wednesday, March 11, 2009

GANDHI 1rupee 2rupee 2 rupee error YAAA



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Silver rupee coins



MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

Provincial bannotes of ZAIRE rare


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

100 Error bank note A big and small ask info


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM
ask rate if u want it ok

Tuesday, March 10, 2009

1 rupee KRK menon,Ambegowkaer NO 1 and 2


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

IF YOU WANT ANY OF THE FOLLOWING ITEMS or other coins,stamps MAIL TO musham3@gmail.com,

british india banknotes,indian banknotes,republicindia,ancientcoins,exchange coins,banknotes exchange,postalhistory,
moghul,sultanatecoins,farmans,,musham,,banknotes exchange,exchangecoins

Monday, March 9, 2009

MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

GANDHI,10 rupees;NEHRU 5 rupees rare



MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

In 1957, decimalisation occurred and the rupee was now divided into 100 Naye Paise (Hindi for new paisas). After a few years, the initial "Naye" was dropped. However many still refer to 25, 50 & 75 paise as 4, 8 and 12 annas respectively, not unlike the now largely defunct usage of "bit" in American English for 1/8 dollar. However the usage is in decline.
After Independence of India, the government brought out the new design Re. 1 note in 1949. Initially it was felt that the King's portrait be replaced by a portrait of Mahatma Gandhi. Finally however, the Lion Capital of Asoka was chosen. The new design of notes were largely along earlier lines. In 1953, Hindi was displayed prominently on the new notes. The economic crisis in late 1960s led to a reduction in the size of notes in 1967. High denomination notes, like Rs. 10,000 notes were demonetised in 1978.

The "Mahatma Gandhi Series" was introduced in 1996. Prominent new features included a changed watermark, windowed security thread, latent image and intaglio features for the visually handicapped.

George VI 5RS front face & sideface musham3@gmail.com,



MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

India has been one of the earliest issuers of coins in the world (circa 6th Century BC), along with the Chinese wen and Lydian staters. The origin of the word "rupee" is found in the word rūp or rūpā, which means "silver" in many Indo-Aryan languages such as Hindi. The Sanskrit word rupyakam means coin of silver. The derivative word Rūpaya was used to denote the coin introduced by Sher Shah Suri during his reign from 1540 to 1545 CE. The original Rūpaya was a silver coin weighing 175 grains troy (about 11.34 grams) [1]. The coin has been used since then, even during the times of British India. Formerly the rupee was divided into 16 annas, 64 paise, or 192 pies. In Arabia and East Africa the British India rupee was current at various times, including the paisa and was used as far south as Natal. In Mozambique the British India rupees were overstamped, and in Kenya the British East Africa company minted the rupee and its fractions as well as pice. It was maintained as the florin, using the same standard, until 1920. In Somalia the Italian colonial authority minted 'Rupia' to the exact same standard, and called the paisa 'besa'. Early 19th century E.I.C. rupees were used in Australia for a limited period. Decimalisation occurred in Ceylon in 1872, India in 1957 and in Pakistan in 1961.

Among the earliest issues of paper rupees were those by the Bank of Hindustan (1770-1832), the General Bank of Bengal and Bihar (1773-75, established by Warren Hastings), the Bengal Bank (1784-91), amongst others.

Historically, the rupee was a silver based currency. This had severe consequences in the nineteenth century, when the strongest economies in the world were on the gold standard. The discovery of vast quantities of silver in the U.S. and various European colonies resulted in a decline in the relative value of silver to gold. Suddenly the standard currency of India could not buy as much from the outside world. This event was known as "the fall of the Rupee."

During British rule, and the first decade of independence, the rupee was subdivided into 16 Annas. Each Anna was subdivided into either 4 pices, or 12 pies.

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Sunday, March 8, 2009

ANANDA Dynasty off shoots of SATAVAHANA,SPECIMEN TRAVELLER CHEQUES RARE 00000000





MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM
IF YOU WANT ANY OF THE FOLLOWING ITEMS or other coins,stamps MAIL TO musham3@gmail.com,
see label of banknote by saving bn or click on bn see at bottom last hyd+green+8annas.jpg

http://4.bp.blogspot.com/_FMNjLElaWT0/SbQKdNeFWtI/AAAAAAAAAQc/7BV1TfRhIUs/s1600-h/hyd+green+8annas.jpg
ANANDA Dynasty off shoots of SATAVAHANA,SPECIMEN TRAVELLER CHEQUES RARE 00000000
ANANDA Dynasty off shoots of SATAVAHANA
see satavahana section in this blog
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Telugunews,Science,history,sculptures,temples,monuments,coins,stamps,musham
coins,postalhistory,banknotes,alexander,bible,moghul,sultanate,indiastocknote1891,bombay,bengal,farmans,kingsalaryreciepts,ancientcoins,mythology,ancientscience,speedoflight,gods,
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Banking,BANKOFBENGAL,TEMPLES,ANDHRA,WONDERS,news,teluguscience,Telugunews,Science,history,sculptures,temples,monuments,coins,stamps,musham,

HYDERABAD BN STAMPSsee label of banknote by saving bn or click on bn see at bottom last





MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM
see label of banknote by saving bn or click on bn see at bottom last item
http://2.bp.blogspot.com/_FMNjLElaWT0/SbQIzrtp8_I/AAAAAAAAAP8/85Pep1t7CfE/s400/ [[GVI+5+rs.JPG]] of GEORG VI 5rs of earliar bn ok

Exchange indian banknotes,british india banknotes






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ask details giving details of banknotes see or save photo to know label of bank note ok

GANDHI NOTES,khadi banknotes,handmade paper as gandhi told





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IF YOU WANT ANY OF THE FOLLOWING ITEMS or other coins,stamps MAIL TO musham3@gmail.com,

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postalhistory,bengalbanknotes,moghul,sultanatecoins,farmans,,musham,
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Gandhi notes of india,KHADI NOTES





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IF YOU WANT ANY OF THE FOLLOWING ITEMS or other coins,stamps MAIL TO musham3@gmail.com,

britishindiabanknotes,indianbanknotes,republicindia,ancientcoins,exchangecoins,banknotesexchange,eastindiabanknotes,
postalhistory,bengalbanknotes,moghul,sultanatecoins,farmans,,musham,
exchangecoins,banknotesexchange,eastindiabanknotes,

SOME MORE CHEQUES OF BANK OF CHINA



MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

Bank of China (BOC) had proud and long history and played an important role in China's financial history. It was established in 1912 pursuant to the approval of Mr. Sun Yatsen. In the following 37 years until the founding of the People's Republic of China in 1949, the Bank served as the central bank, international exchange bank and specialized foreign trade bank successively.

As the pillar of the country's financial industry, Bank of China was committed to serving the public and developing the domestic financial sector. During these volatile years, the Bank strived to expand its presence in the market by prudent operation and aggressive reform, leading the market in many areas of its operations for a long period. Having branched out into overseas market, the Bank opened a brilliant chapter in China's modern and contemporary banking history.

In 1949, Bank of China became the state-designated specialized foreign exchange bank and substantially contributed to development of foreign trade and the national economy.

bank of china CHEQUES OF CALCUTTA BRANCH


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

Bank of China,or Bank of China Limited in full, is one of China’s four state-owned commercial banks. Its businesses cover commercial banking, investment banking and insurance. Members of the group include BOC Hong Kong, BOC International, BOCG Insurance and other financial institutions. The Bank provides a comprehensive range of high-quality financial services to individual and corporate customers as well as financial institutions worldwide. In terms of tier one capital, it ranked 18th among the world’s top 1,000 banks by The Banker magazine in 2005.

The Bank is mainly engaged in commercial banking, including corporate and retail banking, treasury business and financial institutions banking. Corporate banking is built upon credit products, to provide customers with personalized and innovative financial services as well as financing and financial solutions. Retail banking serves the financial needs of the Bank’s individual customers, focusing on providing them with such services as savings deposit, consumer credit bankcard and wealth management business. Treasury business includes domestic and foreign-currency trading and investment, fund management, wealth management, value-secured debt business, domestic and overseas financing and other fund operation and management services. Financial institution banking refers to services offered to banks, securities brokerages, fund companies and insurance companies worldwide ranging from clearing, inter-bank lending to agent and custodian services. As a Chinese financial institution with a history of almost a hundred years, the Bank is well known for its continuous business innovations, introducing many brand new products and services in the domestic banking industry, while paying regard to the need for prudence in its operations. It is widely recognized and commended by its peers and customers in international settlement, foreign exchange, trade finance, etc.

Over the past century, Bank of China played an important role in China’s financial history. It was established in 1912 pursuant to the approval of Mr. Sun Yatsen. In the following 37 years until the founding of the People’s Republic of China in 1949, the Bank served as the central bank, international exchange bank and specialized foreign trade bank successively. As the pillar of the country’s financial industry, Bank of China was committed to serving the public and developing the domestic financial sector. During these volatile years, the Bank strived to expand its presence in the market by prudent operation and aggressive reform, leading the market in many areas of its operations for a long period. Having branched out into overseas market, the Bank opened a brilliant chapter in China’s modern and contemporary banking history.

In 1949, Bank of China became the state-designated specialized foreign exchange bank and substantially contributed to development of foreign trade and the national economy. In 1994 and following the entrenchment of the reform of the financial sector, Bank of China was converted into a wholly state-owned commercial bank. Together with the other three wholly state-owned commercial banks, it constituted pillars of the country’s financial industry.

In 2003, it was named by the State Council as one of the pilot banks for joint-stock reform of wholly state-owned commercial banks. In order to develop itself into an internationally competitive modern joint-stock commercial bank with abundant capital, strict internal control, secure operations, and sound service and performance, Bank of China further improved corporate governance mechanism, strengthened risk management and internal control, integrated management processes and business processes, promoted human resource management reform, accelerated product and service innovation, and steadily pushed ahead joint-stock reform. On August 26, 2004, Bank of China Limited was formally incorporated in Beijing as a state-controlled joint stock commercial bank, turning a new chapter in its history and signaling a huge step forward in becoming a modern joint stock commercial bank with good corporate governance practices.

Bank of China is the most internationalized commercial bank in China. BOC London Branch, the first overseas branch of the Chinese banks, was established in 1929. From then on, the Bank successively opened branches in global financial centers, and has built up its network in 27 countries and regions. Currently, it had over 10000 domestic operations and over 600 overseas operations. In 1994 and 1995, Bank of China became the note issuing bank in Hong Kong and Macao respectively. It was the first among Chinese banks to recruit international experts and to introduce modern business management concepts into its operations with a view to become a premiere international bank.

On July 14, 2004, Bank of China became the sole banking partner of Beijing 2008 Olympic Games. The Bank will offer efficient and quality financial services to domestic and foreign customers. It will promote the Olympic spirits and contribute to the success of this magnificent sports event, thereby improving its corporate image and its value to the community.

Bank of China has received wide recognition from its peers, customers and authoritative media for the credit and performance it achieved in past years. It has been awarded “Best Bank in China” and “Best Domestic Bank in China” by Euromoney for eight times; it has been included in the Fortune Global 500 for 16 consecutive years; in addition, it was awarded “Best Domestic Bank in China” by The Asset, awarded “Best Trade Finance Bank in China” and “Best Foreign Exchange Bank in China” by Global Finance, and awarded “the Top 10 Product Service Enterprises in China” by Far Eastern Economic Review; since BOC Hong Kong was restructured and listed in the Hong Kong stock market, it has been the winner of many significant awards, including “Best IPO Investor Relation Award” issued by the Investor Relations Magazine and “ Best Transactions” and “Best Privatization Award” issued by Asian Finance.

In the past century, Bank of China was deeply relied on by customers thanks to its sound operation, strong capacity, advanced products and rich experience. It has built up a splendid brand and established a long-term stable cooperative relationship with its customers. Being customer-centered and market-oriented, Bank of China will improve corporate governance in pursuit of sound benefits, and develop into a leading international bank. Depending on strong capacity, worldwide network, advanced products and rich experience, it is dedicated to offering customers with a full range of high-quality banking services.

BANK OF CHINA OPENED ITS BRANCH IN CALCUTTA CLOSED IN 1941


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM
Company History:

Bank of China (BOC) is that country's oldest bank, and also one of its four largest banks, with assets of more than $433 billion--which also places it in the top 20 banks worldwide. BOC's function as the country's foreign exchange specialist for more than 40 years has made it the country's most international bank, with 580 branches and subsidiaries in 26 countries. At home, Bank of China is backed up by a network of more than 12,000 branch offices. Altogether, the bank employs nearly 193,000 people. Although BOC remains under Chinese government control, its subsidiary Bank of China (Hong Kong) Limited is the first Chinese-held bank to list on a foreign stock exchange. BOC offers a full range of traditional banking services, including commercial, private, and investment banking, foreign currency deposit and exchange services, as well as assets management and insurance services. BOC also holds note-issuing privileges in Hong Kong and Macau. Since the start of the 2000s, BOC has been undergoing a steady restructuring of its operations in order to shrug off the poor reputation of the Chinese banking industry in general as it prepares its own initial public offering (IPO). The bank's listing is slated for 2005 if it meets its restructuring targets--and the arrival of foreign banking competition after China's entry into the World Trade Organization.

Domestic Bank in the 1910s

Although China was the first civilization to introduce paper currency--in the 12th century--the country remained without a modern banking system until after the First Opium War in 1842. With China brought under colonial influence, the country opened up to foreign banks. In part by providing loans to the ruling Qing dynasty, the foreign banks quickly dominated China's economy.

Growing nationalist sentiment against the Qing government at the end of the century led to the first attempts to establish Chinese banks, beginning with the formation of the Imperial Bank of China in Shanghai in 1897. The Qing government responded by authorizing the creation of a new Chinese-owned bank in Beijing. The Bank of the Board of Revenue, as it was called, was created in 1905 and was jointly held by private citizens and the government. In 1908, the bank changed its name, to Da Qing Bank. At that time, the Qing government authorized the bank to issue money and oversee the treasury. Da Qing also coordinated the government's debts.

The Qing dynasty was overthrown during the republican revolution of 1911. The new provisional government, led by Sun Yatsen, authorized Da Qing Bank to change its name, to Bank of China. Now the Sun government's central bank, BOC became headquartered in Shanghai. In the meantime, the overthrow of the Qing dynasty and the Chinese monarchy led to the emergence of a large number of new domestic banks. These remained rather small, dwarfed by the more established foreign competitors.

BOC remained a central component of the Sun government through the troubled decades ahead. In 1928, BOC took on a new facet as the government's international exchange bank. This position was solidified with the opening of a branch office in London in 1929, marking the first time a Chinese bank had opened an office outside of China. BOC quickly extended its foreign network, and by the end of the 1940s had opened 34 branches outside of China, including a number of branches in Britain-dominated Hong Kong.

The arrival to power of the Communist government under Mao marked a new era for BOC as well. Foreign banks were forced to exit the country. At the same time, the domestic banking sector was brought entirely under government control and reformed into four primary bodies. BOC, which remained one of the country's four prominent banking operations, was then specialized as the government's foreign exchange bank, responsible for foreign trade and international banking operations.

BOC remained China's most public banking face as the country plunged into some three decades of political and economic isolation from the rest of the world. At the end of the 1970s, however, the Chinese government became determined to end its attempt at self-sufficiency, and instead initiated a thaw in its international relations--and a gradual relaxation of its economic policies.

BANK OF CHINA OPENED ITS BRANCH IN CALCUTTA IN 1937


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

BANK OF CHINA OPENED ITS BRANCH IN CALCUTTA IN 1937 CLOSED IN 1941 BUT ITS TRANSACTIONS WERE CONTINUED TILL 1950?

History of BOC's expansion outside (mainland) China
Tokyo branch.
New York branch.
Bank of China building in Singapore.

1917 BOC opened a branch in Hong Kong.
1929 BOC opened its first overseas branch in London. The branch managed the government's foreign debt, became a center

for the bank's management of its foreign exchange, and acted as an intermediary for China's international trade.
1931 BOC opened a branch in Osaka.
1936 BOC opened a branch in Singapore to handle remittances to China of overseas Chinese. It also opened an agency in New

York.
1937 At the outbreak of hostilities with Japan, Japanese forces blockaded China's major ports. BOC opened a number of

branches overseas to facilitate the gathering of remittances and the flow of military supplies. BOC opened branches in

Batavia, Penang, Kuala Lumpur, Haiphong, Hanoi, Rangoon, Bombay, and Calcutta. It also opened sub-agencies in Surabaya,

Medan, Dabo, Xiaobo, Batu Pahat, Baichilu, Mandalay, Lashio, Ipoh, and Seremban.
1941 and 1942 The Japanese conquest of South East Asia forced BOC to close all overseas its branches, agencies, sub-

branches and sub-agencies, except London, New York, Calcutta, and Bombay.
1942 BOC set up six new overseas branches, including those at Sydney, (Australia), Liverpool, and Havana, and possibly

Karachi.
1946 BOC reopened its branches and agencies in Hong Kong, Singapore, Haiphong, Rangoon, Kuala Lumpur, Penang, and

Jakarta. It moved the Hanoi agency to Saigon. At the suggestion of the Allied Forces Headquarters, it liquidated the branch

in Osaka and opened a sub-branch in Tokyo.
1947 BOC opened agencies in Bangkok, Chittagong, and Tokyo.
1950 Some of the branches of Bank of China joined the bank headquartered in Beijing — i.e., Hong Kong, Singapore,

London, Penang, Kuala Lumpur, Jakarta, Calcutta, Bombay, Chittagong, Karachi, and Jakarta — while others — New York, Tokyo,

Havana, Bangkok, and one other, possibly Panama — opted to remain with the Bank of China headquartered in Taipei. In 1971,

this bank took the name International Commercial Bank of China.
1963 The Burmese government nationalized all banks, foreign and domestic, including the Bank of China's Rangoon branch.

Bank of china bonds before civilwar in china


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY @ MUSHAM3@GMAIL.COM

Republic of China along with the "Big Four" banks of the period: the Central Bank of China, Farmers Bank of China and Bank of Communications. Although it initially functioned as the Chinese central bank, in 1948 the People's Bank of China replaced it in that role. Subsequently, BOC became a purely commercial bank.

After the Chinese civil war ended in 1949, the Bank of China effectively split into two operations. Part of the bank relocated to Taiwan with the Kuomintang (KMT) government. It was privatised in 1971 to become the International Commercial Bank of China (中國國際商業銀行). It has subsequently merged with the Taiwan Bank of Communications (Chiao Tung Bank, 交通銀行) to become the Mega International Commercial Bank (兆豐國際商業銀行). The Mainland operation is the current entity known as the Bank of China.

It is the second largest lender in China overall, and the 5th largest bank in the world by market capitalization value[2]. Once 100% owned by the central government, via Central Huijin Investment and National Council for Social Security Fund (SSF), an IPO of its shares took place in June 2006, the free float is at present over 26%.

It is the most international of China's banks, with branches on every inhabited continent. Outside of mainland China, BOC also operates in 27 countries including:

Bank of china bond backside used in calcutta rare


MUSHAM BANKNOTES ANCIENTCOINS,STAMPS,POSTALHISTORY MY MUSHAM3@GMAIL.COM

the history of the Bank of China

„Bank of China“(BOC) is China’s oldest bank (founded in 1912) and one of the four largest banks of the country. By amounting assets of approximately $433 billion, it is also one of the Top 20 richest banks in the world. The BOC has gained wide reputation as being expert in foreign exchange dealing since 40 years and thus is seen as the most international bank of the country, having more than 580 branches and offices in 26 countries. Within the country, the bank operates a network consisting of 12.000 branches and nearly 200.000 employees.

Although the BOC itself is subordinate to the control of the Chinese government, it’s Hong Kong subsidiary company „Bank of China (Hong Kong) Limited“acts as first Chinese bank that got listed on the foreign stock exchange. It strives for building up the BOC to a market-and consumer-oriented institution for banking services of world-class, and this shall be reached by means of a stable corporate structure, which shall able to secure excellent services for a long time to come