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Russo-Chinese Bank

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710: 20: 698: 726: 563: 646: 863: 742: 579: 851: 803: 540: 839: 827: 787: 815: 630: 662: 682: 602: 618: 528: 757: 709: 164:, acting as a conduit for project financing from the Russian government, and also receiving capital financing from the Chinese authorities - the only time ever that the Qing empire was involved in the capital of a foreign enterprise. In Chinese, the bank was then referred to as "Sino-Russian Righteousness Victory Bank" ( 172:
took a significant share of the bank's newly issued capital. The Russian interests subsequently prevailed in the bank's management, and its French stakeholders were marginalized. The Russo-Chinese Bank's activity had initially been focused north of the
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gave the bank a new impetus, with a major network of branches in Russia, and re-established the influence of French stakeholders in the governance of the merged entity.
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The decision to create the Russo-Chinese Bank was made on 5 December 1895 at the Russian Embassy in Paris, a joint initiative of Russian finance minister
850: 802: 826: 168:: 華俄道勝銀行). By 1902, it had become the second-largest bank in China, and the fifth-largest private-sector bank in the Russian Empire. In 1898, the 1257: 814: 786: 1060: 1227: 912:
Davis, Clarence B.; Wilburn, Kenneth E. Jr; Robinson, Ronald E. (1991). "Russia, the Soviet Union, and the Chinese Eastern Railway".
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A History of Modern Shanghai Banking: The rise and decline of China's finance capitalism. Russo-Chinese Bank and Russo-Asiatic Bank
126: 117:. The bank brought together Russian shareholders (for 37.5 percent of the initial capital) and French interests pooled by the 1001: 921: 545: 145:
was its legal place of incorporation and the seat of its executive management. It opened for business on 21 January 1896 in
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in February 1896. On 28 August 1896 it partnered with the Chinese imperial government for the construction of the
1237: 773: 118: 1016: 601: 200:'s conclusion in 1905, the bank pared down much of its business in China and was principally active in Northern 617: 193: 1203: 1131:
Government-made bank distress: Industrialisation policies and the Russian financial crisis of 1899-1902
672: 947: 221: 1189:Весь Петербург на 1907 год. ("All Petersburg in 1907: Address and Reference Book of St. Petersburg") 1166: 879: 585: 178: 1129: 1041: 889: 306: 161: 84: 1149: 1091: 80: 1042:"L'activité des banques françaises dans l'Asie du Pacifique des années 1860 aux années 1940" 884: 777: 112: 8: 326: 165: 48: 948:"The Anatomy and Pathology of Empire: Three Balance Sheets of Russian and Soviet Banks" 420: 197: 134: 130: 68: 122: 1097: 997: 917: 365: 248: 225: 107: 1154:. Detroit, Michigan: The Business Man's Magazine and Book-Keeper. pp. 236–245. 519: 290: 232: 213: 209: 146: 142: 32: 1116: 1023: 394: 298: 40: 507: 390: 351: 64: 1221: 772:
Like other foreign banks in China at the time, the Russo-Chinese Bank issued
499: 334: 189: 433: 346: 205: 103: 60: 52: 55:, founded in 1895, that represented joint French and Russian interests in 748: 402: 359: 342: 318: 88: 732: 416: 314: 668: 453: 424: 408: 369: 268: 201: 182: 92: 553: 549: 487: 482: 474: 461: 355: 338: 330: 272: 264: 252: 157: 716: 688: 608: 465: 457: 437: 428: 385: 373: 322: 310: 302: 286: 256: 174: 177:
in order not to compete further south with the French-sponsored
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50 dollars local currency, Harbin (stamped Russo-Asiatic Bank)
192:, its only one in the United States (which was damaged by the 652: 495: 470: 449: 294: 138: 96: 56: 1017:
Issue in focus: Russian Bankers to Return to U.S. West Coast
793: 478: 1137:, Belfast: Queen's University Centre for Economic History 224:. It also suffered from the cotton crises that affected 916:. Westport, Connecticut: Greenwood Press. p. 140. 181:, but the bank breached that arrangement by opening a 1058: 1117:
China's Loss of Sovereignty in Manchuria 1895 - 1914
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In February 1904, the bank opened another branch in
1096:. Armonk, New York: M. E. Sharpe. pp. 70–72. 235:in addition to the Saint Petersburg head office: 121:(for 62.5 percent), with participation also from 1219: 970: 1127: 67:, a large domestic bank in Russia, to form the 1182: 1180: 63:. It merged in 1910 with the French-sponsored 993:Le monde des banquiers français au XXe siècle 945: 1141: 1039: 989: 966: 964: 1177: 1164: 832:10 dollars local currency, Tianjin (1900s) 961: 780:where it had established branch offices. 533:8, was demolished during the Soviet era. 518:The headquarters building of the bank in 1147: 1035: 1033: 1031: 671:, repurposed as office of the rector of 18: 973:"Gazette de Changhai - 26: Les banques" 907: 905: 220:following the Japanese takeover of the 23:Advert for the Russo-Chinese Bank, 1907 1220: 1151:The Russo-Chinese Bank (San Francisco) 1046:Revue Française d'Histoire d'Outre-Mer 941: 939: 937: 935: 933: 820:1 dollar local currency, Peking (1903) 16:1895–1910 Russian-French bank in China 1258:Chinese companies established in 1895 1028: 127:Comptoir national d'escompte de Paris 1204:"Русско-китайский банк в Самарканде" 1085: 1083: 1081: 902: 212:. It had to close its branch on the 1228:Companies based in Saint Petersburg 930: 856:10 Mexican dollars, Shanghai (1909) 808:10 Mexican dollars, Shanghai (1901) 570:China Foreign Exchange Trade System 568:Same building in 2017, seat of the 13: 1089: 971:Charles Lagrange (5 August 2014). 14: 1274: 1078: 590:International Banking Corporation 1068:The International History Review 861: 849: 837: 825: 813: 801: 785: 740: 724: 708: 696: 680: 660: 644: 628: 616: 600: 577: 561: 538: 170:State Bank of the Russian Empire 1196: 1167:"A Rare Russian Plan of Dalian" 1158: 1121: 953:. In Kimitaka Matsuzato (ed.). 588:in 1908; later location of the 119:Banque de Paris et des Pays-Bas 1165:Mike Klein (16 October 2019). 1110: 1059:Michael Jabara Carley (1990), 1052: 1010: 983: 946:Kazuhiko Yago (January 2013). 152:The bank immediately opened a 1: 895: 796:, all Chinese branches (1898) 1148:Scanland, J.M. (July 1905). 996:. Paris: Editions Complexe. 767: 513: 7: 1263:Banks of the Russian Empire 873: 546:Russo-Chinese Bank Building 10: 1279: 1243:Defunct banks of Hong Kong 753:Primorye State Art Gallery 747:Former branch building in 731:Former branch building in 715:Former branch building in 673:Samarkand State University 667:Former branch building in 74: 1248:Banks established in 1895 506:In 1910, the merger with 222:Kwantung Leased Territory 91:had to pay a significant 36: 1128:Nikita Lychakov (2018), 844:100 taels, Peking (1907) 586:Beijing Legation Quarter 231:By 1907 the bank had 47 1233:Defunct banks of Russia 955:Comparative Imperiology 890:Deutsch-Asiatische Bank 162:Chinese Eastern Railway 85:First Sino-Japanese War 1253:China–Russia relations 1238:Defunct banks of China 1074:, Taylor & Francis 83:(1895) that ended the 44: 24: 1040:Hubert Bonin (1994). 990:Hubert Bonin (2000). 880:Banque de l'Indochine 703:Same building in 2016 623:Same building in 2014 594:Beijing Police Museum 194:April 1906 earthquake 179:Banque de l'Indochine 81:Treaty of Shimonoseki 45:Banque russo-chinoise 37:Русско-Китайский банк 22: 1192:, A.S. Suvorin, 1908 1090:Ji, Zhaojin (2003). 885:Yokohama Specie Bank 524:Ekaterinskaya Street 106:and French diplomat 1171:Library of Congress 914:Railway Imperialism 687:Branch building in 556:, completed in 1902 166:Traditional Chinese 49:Traditional Chinese 1022:2007-08-16 at the 198:Russo-Japanese War 135:board of directors 69:Russo-Asiatic Bank 29:Russo-Chinese Bank 25: 1003:978-2-87027-778-2 977:Ambafrance-cn.org 957:. pp. 61–86. 923:978-0-313-25966-1 651:Former branch in 456:, Niuzhuang (now 366:Chinese Turkestan 249:Russian Turkestan 226:Russian Turkestan 196:). Following the 131:Banque Hottinguer 1270: 1212: 1211: 1200: 1194: 1193: 1184: 1175: 1174: 1162: 1156: 1155: 1145: 1139: 1138: 1136: 1125: 1119: 1114: 1108: 1107: 1087: 1076: 1075: 1065: 1056: 1050: 1049: 1037: 1026: 1014: 1008: 1007: 987: 981: 980: 968: 959: 958: 952: 943: 928: 927: 909: 865: 853: 841: 829: 817: 805: 789: 761: 744: 728: 712: 700: 684: 664: 648: 632: 620: 604: 581: 565: 542: 532: 520:Saint Petersburg 291:Russian Far East 210:Russian Far East 185:office in 1904. 147:Saint Petersburg 143:Saint Petersburg 116: 59:during the late 51:: 華俄道勝銀行) was a 38: 1278: 1277: 1273: 1272: 1271: 1269: 1268: 1267: 1218: 1217: 1216: 1215: 1210:. 29 June 2020. 1202: 1201: 1197: 1186: 1185: 1178: 1163: 1159: 1146: 1142: 1134: 1126: 1122: 1115: 1111: 1104: 1088: 1079: 1063: 1057: 1053: 1038: 1029: 1024:Wayback Machine 1015: 1011: 1004: 988: 984: 969: 962: 950: 944: 931: 924: 910: 903: 898: 876: 869: 866: 857: 854: 845: 842: 833: 830: 821: 818: 809: 806: 797: 790: 770: 763: 755: 745: 736: 729: 720: 713: 704: 701: 692: 685: 676: 665: 656: 649: 640: 633: 624: 621: 612: 605: 596: 582: 573: 566: 557: 543: 526: 516: 299:Blagoveshchensk 123:Crédit Lyonnais 110: 77: 17: 12: 11: 5: 1276: 1266: 1265: 1260: 1255: 1250: 1245: 1240: 1235: 1230: 1214: 1213: 1195: 1176: 1157: 1140: 1120: 1109: 1102: 1077: 1051: 1027: 1009: 1002: 982: 960: 929: 922: 900: 899: 897: 894: 893: 892: 887: 882: 875: 872: 871: 870: 867: 860: 858: 855: 848: 846: 843: 836: 834: 831: 824: 822: 819: 812: 810: 807: 800: 798: 791: 784: 774:paper currency 769: 766: 765: 764: 746: 739: 737: 730: 723: 721: 714: 707: 705: 702: 695: 693: 686: 679: 677: 666: 659: 657: 650: 643: 641: 634: 627: 625: 622: 615: 613: 606: 599: 597: 584:Branch in the 583: 576: 574: 567: 560: 558: 544: 537: 515: 512: 508:Banque du Nord 504: 503: 485: 468: 431: 406: 391:Inner Mongolia 388: 363: 358:and Urga (now 352:Outer Mongolia 349: 284: 246: 233:branch offices 133:. Whereas its 108:Auguste Gérard 76: 73: 65:Banque du Nord 15: 9: 6: 4: 3: 2: 1275: 1264: 1261: 1259: 1256: 1254: 1251: 1249: 1246: 1244: 1241: 1239: 1236: 1234: 1231: 1229: 1226: 1225: 1223: 1209: 1205: 1199: 1191: 1190: 1183: 1181: 1172: 1168: 1161: 1153: 1152: 1144: 1133: 1132: 1124: 1118: 1113: 1105: 1103:0-7656-1002-7 1099: 1095: 1094: 1086: 1084: 1082: 1073: 1069: 1062: 1055: 1047: 1043: 1036: 1034: 1032: 1025: 1021: 1018: 1013: 1005: 999: 995: 994: 986: 978: 974: 967: 965: 956: 949: 942: 940: 938: 936: 934: 925: 919: 915: 908: 906: 901: 891: 888: 886: 883: 881: 878: 877: 864: 859: 852: 847: 840: 835: 828: 823: 816: 811: 804: 799: 795: 788: 783: 782: 781: 779: 775: 759: 754: 750: 743: 738: 734: 727: 722: 718: 711: 706: 699: 694: 690: 683: 678: 674: 670: 663: 658: 654: 647: 642: 638: 631: 626: 619: 614: 610: 603: 598: 595: 591: 587: 580: 575: 571: 564: 559: 555: 551: 547: 541: 536: 535: 534: 530: 525: 521: 511: 509: 501: 500:San Francisco 497: 493: 489: 486: 484: 480: 476: 472: 469: 467: 463: 459: 455: 451: 448:(now part of 447: 443: 440:, Zhifu (now 439: 435: 432: 430: 426: 422: 418: 414: 410: 407: 404: 400: 396: 392: 389: 387: 383: 379: 375: 371: 367: 364: 361: 357: 353: 350: 348: 344: 340: 336: 335:Verkhneudinsk 332: 328: 324: 320: 316: 312: 308: 304: 300: 296: 292: 288: 285: 282: 278: 274: 270: 266: 262: 258: 254: 250: 247: 245: 241: 238: 237: 236: 234: 229: 227: 223: 219: 215: 211: 207: 204:, as well as 203: 199: 195: 191: 190:San Francisco 186: 184: 180: 176: 171: 167: 163: 159: 155: 150: 148: 144: 140: 136: 132: 128: 124: 120: 114: 109: 105: 100: 98: 94: 90: 86: 82: 72: 70: 66: 62: 58: 54: 50: 46: 42: 34: 30: 21: 1207: 1198: 1188: 1170: 1160: 1150: 1143: 1130: 1123: 1112: 1092: 1071: 1067: 1054: 1045: 1012: 992: 985: 976: 954: 913: 771: 517: 505: 434:China proper 230: 206:Central Asia 187: 151: 104:Sergei Witte 101: 78: 61:Qing dynasty 53:foreign bank 28: 26: 778:concessions 756: [ 749:Vladivostok 527: [ 403:Zhangjiakou 360:Ulaanbaatar 343:Vladivostok 327:Nikolayevsk 319:Krasnoyarsk 228:from 1904. 214:main square 111: [ 89:Qing empire 1222:Categories 1048:: 401–425. 896:References 733:Khabarovsk 635:Branch in 607:Branch in 548:on No. 15 315:Khabarovsk 79:Under the 768:Banknotes 669:Samarkand 514:Buildings 454:Hong Kong 425:Changchun 423:(part of 421:Kuancheng 409:Manchuria 370:Chuguchak 269:Samarkand 202:Manchuria 183:Hong Kong 93:indemnity 1020:Archived 874:See also 554:Shanghai 488:Calcutta 483:Yokohama 475:Hakodate 462:Shanghai 356:Uliastai 339:Ulan-Ude 331:Sretensk 273:Tashkent 265:Margilan 253:Ashgabat 208:and the 158:Shanghai 776:in the 717:Kyakhta 691:, 1900s 689:Irkutsk 675:, 2015 639:, 1900s 609:Tianjin 572:(CFETS) 466:Tianjin 458:Yingkou 438:Beijing 429:Qiqihar 386:Kashgar 374:Tacheng 323:Kyakhta 311:Irkutsk 303:Bodaybo 287:Siberia 257:Bukhara 175:Yangtze 137:met in 75:History 33:Russian 1100:  1000:  920:  762:, 2015 751:, now 735:, 2014 719:, 2019 655:, 2012 637:Harbin 611:, 1908 592:, now 498:, and 492:London 464:, and 446:Hankou 442:Yantai 427:) and 413:Harbin 399:Kalgan 395:Hailar 384:) and 382:Yining 378:Ghulja 345:, and 281:Almaty 277:Verniy 275:, and 261:Kokand 244:Batumi 240:Moscow 218:Dalian 154:branch 129:, and 125:, the 87:, the 41:French 1135:(PDF) 1064:(PDF) 951:(PDF) 760:] 653:Wuhan 531:] 522:, on 496:Paris 471:Japan 450:Wuhan 417:Jilin 401:(now 380:(now 372:(now 337:(now 307:Chita 295:Biysk 279:(now 139:Paris 115:] 97:Japan 57:China 1098:ISBN 998:ISBN 918:ISBN 794:tael 550:Bund 481:and 479:Kobe 397:and 347:Zeya 289:and 242:and 27:The 1208:STV 552:in 460:), 452:), 444:), 376:), 341:), 216:of 156:in 95:to 1224:: 1206:. 1179:^ 1169:. 1080:^ 1072:12 1070:, 1066:, 1044:. 1030:^ 975:. 963:^ 932:^ 904:^ 792:1 758:ru 529:ru 494:, 490:, 477:, 473:: 436:: 419:, 415:, 411:: 393:: 368:: 354:: 333:, 329:, 325:, 321:, 317:, 313:, 309:, 305:, 301:, 297:, 293:: 271:, 267:, 263:, 259:, 255:, 251:: 149:. 141:, 113:fr 71:. 47:, 43:: 39:, 35:: 1173:. 1106:. 1006:. 979:. 926:. 502:. 405:) 362:) 283:) 31:(

Index


Russian
French
Traditional Chinese
foreign bank
China
Qing dynasty
Banque du Nord
Russo-Asiatic Bank
Treaty of Shimonoseki
First Sino-Japanese War
Qing empire
indemnity
Japan
Sergei Witte
Auguste Gérard
fr
Banque de Paris et des Pays-Bas
Crédit Lyonnais
Comptoir national d'escompte de Paris
Banque Hottinguer
board of directors
Paris
Saint Petersburg
Saint Petersburg
branch
Shanghai
Chinese Eastern Railway
Traditional Chinese
State Bank of the Russian Empire

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