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Which is the earliest bank in China? In what year was it established?

Of course it is the Bank of China

Bank of China In 1905, the Manchu and Qing government established the Great Qing Hubu Bank, with its head office in Beijing.

In 1908, it was renamed Daqing Bank.

After the founding of the Republic of China in 1912, Sun Yat-sen ordered the Bank of the Qing Dynasty to be renamed the Bank of China and given the functions of a central bank.

In 1928, the Bank of China became a government-chartered international exchange bank.

In 1929, the Bank of China established its London branch, becoming the first overseas branch of the Chinese banking industry.

In 1949, the People's Republic of China took over the Bank of China.

In 1950, the Bank of China came under the leadership of the People's Bank of China.

In 1953, the Government Affairs Council of the Central People's Government promulgated the "Regulations on the Bank of China" and designated it as a chartered professional foreign exchange bank.

In 1979, with the approval of the State Council, the Bank of China became an institution directly under the State Council, responsible for the unified operation and centralized management of the national foreign exchange business.

In 1983, the Bank of China and the State Administration of Foreign Exchange were separated and became a national specialized bank for foreign exchange and foreign trade.

In 1994, the Bank of China began to transform into a state-owned commercial bank.

In 2005, Bank of China introduced strategic investors such as Royal Bank of Scotland and Temasek.

In 2006, Bank of China was listed on the Hong Kong Stock Exchange on June 1.

In 2006, Bank of China was listed on the Shanghai Stock Exchange on July 5.