The Research Of Bank Of China Canton Branch (1945～1949)

After the War of Resistance against Japan, as the main commercial bank of state, the Bank of China Canton Branch restarted business rapidly, adopt vigorous actions to expand the business of overseas remittance, earned a great quantity of foreign exchange for state. The Bank of China Canton Branch acted as a main role in the economic functioning of the South Chinese area. Accompany the depreciation of the currency, and under the tightly commanding of Kuomintang government, the Canton Branch had become the national treasury and the instrument of put money into society, its business suffer a drastic decline. The Canton Branch had no economic performance and any development, until hard to manage. Before liberation, Canton Branch set up the business of silver dollar voluntarily and reluctantly maintain to liberation. Through studying the operations of the Bank of China Canton Branch in this period, we can find out the difficult course of commercial banks in the galloping inflation environment and use the experience for reference on reform of commercial bank of state at present.