Bank of Canton - Shanghai - 1933
Cnr Kiangse Rd & Ningpo Rd, Shanghai.
Founded in 1912 by Chinese Americans from San Francisco, this was the first Chinese foreign-owned bank in China. The Shanghai branch was opened in 1917 with offices in Hong Kong, Canton, Hankow and Swatow. This bank focused on foreign exchange and remittances between China and the United States. It also issued bank notes. By the time this modern Art Deco-style corner building was built in 1933, the bank's future seemed secure. However, when China took itself off the silver standard in 1935, the Bank of Canton failed along with many others. The architect was an American-Chinese graduate from the Pratt Institute named Poy Gum Lee who would go on to design, inter alia, the YMCA, YWCA in Shanghai.
The Bank of Canton was reorganised in 1935 by Dr TV Soong with additional branches opened in Macau.
Bank of Canton - Shanghai - 1933
Cnr Kiangse Rd & Ningpo Rd, Shanghai.
Founded in 1912 by Chinese Americans from San Francisco, this was the first Chinese foreign-owned bank in China. The Shanghai branch was opened in 1917 with offices in Hong Kong, Canton, Hankow and Swatow. This bank focused on foreign exchange and remittances between China and the United States. It also issued bank notes. By the time this modern Art Deco-style corner building was built in 1933, the bank's future seemed secure. However, when China took itself off the silver standard in 1935, the Bank of Canton failed along with many others. The architect was an American-Chinese graduate from the Pratt Institute named Poy Gum Lee who would go on to design, inter alia, the YMCA, YWCA in Shanghai.
The Bank of Canton was reorganised in 1935 by Dr TV Soong with additional branches opened in Macau.