The development course of rural commercial banks;
In March, 1 and 1929 were affected by the current situation, and they closed down for rectification, recovered the issued foreign exchange certificates and paid off their debts. 1933 According to the amendment of the Articles of Association approved by the Ministry of Industry and Commerce of the National Government, Wang Tiesheng, Mei Zhezhi, Zhang Muxian and Chen initiated preparations for resuming business, and the paid-in capital increased to 3 million yuan, including 2.2 million yuan for new shares and 800,000 yuan for old shares.
2. On August 5th, 1934 officially resumed business, with the establishment of the general management office in Shanghai and the resumption of business in Beiping, Shanghai and Hankou branches. Chairman Chen Gongbo, General Manager Mei Zhezhi, Deputy Director Zhang Muxian, Chen Gongbo and other 65,438+05 people, and Supervisor Chen Zhuofu and other 5 people. According to the articles of association, the business types include accepting various deposits, industrial loans, discounting, remittance and negotiation of goods, buying and selling gold, silver and securities, keeping securities and valuables, acting as an agent to file subpoenas, concurrently engaging in savings business, acting as an agent to receive and pay money, handling industrial development matters, and issuing exchange vouchers. Business policy is prudent. 1935 the bank stopped issuing paper money and handed it over to the issuance preparation management Committee of China Bank, adding branches in Changsha, Xiamen and Hangzhou, and setting up an office in Changde.
3. 1936 Add Hangzhou Branch and Hengyang Office. 1937 after the outbreak of War of Resistance against Japanese Aggression, the bank retreated and closed its war zone branches one after another, while other branches were evacuated to Beijing and Shanghai to continue their business. It also issued counterfeit banknotes on behalf of the Japanese puppet government and set up a head office in Changshu Road 158, Shanghai. 1942 increased capital by 3 million yuan, and in the same year 12, He Xunxian succeeded as general manager.
On March 3rd, 4 1943, the Ministry of Finance of Wang Puppet Government issued the No.340 business license ... After the victory of the Anti-Japanese War, the bank resumed business, and Mei Zhezhi was appointed as the chairman and general manager. 1April, 947, due to labor disputes, it was closed for a time, and then it was rectified and resumed. Wu Tiecheng is the chairman, Mei Zhezhi remains the general manager, and the Ministry of Economic Affairs and the Ministry of Finance each send a formal director. Affected by the current situation, the banking business has shrunk dramatically, and managers have set up darkrooms to speculate. 1948 was ordered to suspend business by Shanghai Banking Regulatory Bureau of the National Government in September.