The Development And Transition Of JuXingcheng Bank

JuXingcheng bank was established in the period of the Republic of China. It was a large commercial bank in Chongqing area, even in the western region. This essay studies the history of JuXingcheng bank’s development. The history of JuXingcheng bank can be divided into three periods:equity joint liability company, company limited by shares, period of public-private partnerships. This essay is around the three times in three parts.JuXingcheng bank was established in the four years of China(1915),in this time, the starting enterprises as Chinese society is burning with fever. Under the time background, JuXingcheng bank was established in the form of stock combined company’s enterprise. Bank shareholders are divided into unlimited liability and limited liability shareholders. Shareholders of unlimited liability were the founding family, Yang’s family members, responsible for bank transactions. Share holders of limited were Yang’s family’s friends and relatives, responsible for increasing the bank’s capital. Bank internal control, Yang’s family in the bank establish three-level management system of organization, business smoothly.After several years of development, JuXingcheng bank by a joint liability company reorganization to co., LTD in 1937. Because of the covet a warlord of squeezing and bureaucratic capital forces, as well as the young’s discord within the family. After the reorganization, Yang’s family reduced the control of bank. Within bank setted up a general meeting of shareholders board of directors, general manager of the management structure. After the reorganization, the capital of bank and the business of bank eapanded. But due to the current political situation, the bank’s business was struggling.After the communist party of China liberated China, immediately start to control the financial sector. To rectify and reform, private financial sector to encourage the joint and the joint venture. Before liberation, JuXingcheng bank full Iossed, to save the crisis, it joined the consortium, to reform, had worked, but still a drop in the bucket. In order to their own development, JuXingcheng band conform to the trend of the time, it joined into the public-private partnerships in 1951. Participate in the joint venture, after adding government share bank shares, banking, general administration guidance to jointly by co-operative banks, JuXingcheng bank of business for the recovery and development.JuXingcheng bank form creation to attend the public-private partnerships, through two reorganization, to change its form at a time, a change of the nature of the company. JuXingcheng bank established and two reorganization is to adapt to changing times, and pursuit of their own perfect choice, the history of the bank is the Chinese enterprises in the trend of the times a epitome of the development of twists and turns.