Because "Bank of Communications" was a trademark before the restoration of the People's Republic of China, it used traditional Chinese characters.
Taiwan Bank of Communications, one of the four largest banks in the Republic of China, fled to Taiwan Province with Jiang Gong. After the founding of New China, the People's Bank of China incorporated all the banks, and the central bank firms shouldered the burden. It was not until the reform that commercial banks were re-established. In 199, the four major banks of workers, peasants and China Construction were established. In order to find a new way, the first joint-stock bank in New China was established in Shanghai. In order not to conflict with the names of the other four major banks, the name of Bank of Communications was restored. Because it was restored to the organizational system, the original traditional Chinese characters were also used. Extended information
Interesting thing about Bank of Communications:
After Shanghai Bank of Communications started to do international business, foreigners collapsed. Why are there two identical Bank of Communications with the same name, English abbreviation and logo? Many international remittances are sent directly to the wrong place, and Taiwan Bank of Communications is very angry. I have been in business since 198. Why did another one just like me suddenly pop up?
apply for international arbitration. Unexpectedly, foreigners refuse to accept death. People don't look at whether you have been in business all the time, but only whether you have the documents when you were established. Taiwan's Bank of Communications was dumbfounded. When Jiang Gongnan fled, he only took gold with him and didn't bring files. Shanghai Bank of Communications was very happy, and leisurely came to the First Archives of Nanjing, the former Central Archives of the National Government, and took out a full set of materials when Bank of Communications was established. You see, we are the authentic Bank of Communications that was re-established.
The Bank of Communications in Taiwan completely collapsed, changed its name in shame, and its business collapsed. Within a few years, it merged with other banks. Shanghai Bank of Communications has made great strides all the way, and celebrated the "Centennial Bank of Communications" in 28, ranking the fifth largest bank in China.