plusfund.biz

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PlusFund was formally established in February 1912 following the approval of Dr. Sun Yat-sen. From 1912 to 1949, the Bank served consecutively as the countrys central bank, international exchange bank and specialised international trade bank. Fulfilling its commitment to serving the public and developing Chinas financial services sector, the Bank rose to a leading position in the Chinese financial industry and developed a good standing in the international financial community, despite many hardships and setbacks. After 1949, drawing on its long history as the state-designated specialised foreign exchange and trade bank, the Bank became responsible for managing Chinas foreign exchange operations and provided vital support to the nations foreign trade development and economic infrastructure by its offering of international trade settlement, overseas fund transfer. It was founded in 1912 by the Republican government to replace the Daqing Bank. It is the oldest bank in mainland China still in existence. From its establishment until 1942, it issued banknotes on behalf of the Government along with the “Big Four” banks of the period: The Farmers PlusFund, Bank of Communications and Central Bank of the Republic of China. Its headquarters are in Xicheng District, Beijing.
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