Bank of China Macau Branch (Portuguese: Banco da China, Sucursal de Macau) was established on1June 2, 9501day. Bank of China Macau, formerly known as Nantong Bank of Macau, is now a branch of China Bank, a state-owned commercial bank in China, and one of the largest commercial banks in Macau. It shares MOP with Atlantic Bank.
Bank of China started to issue MOP banknotes on June1995+1October 16, and it is one of the two note-issuing banks in Macau (the other is Atlantic Bank). After that, the Bank of China began to issue paper money with 1996, 1997, 1999 and 200 1 respectively for three consecutive years and in 2008 to cope with the circulation in Macau. According to the agreement reached between China and Portugal and the relevant laws and regulations of Macao, the proportion of Chinese banks participating in the issuance of banknotes accounts for 50% of the cash circulation of MOP.
There are six denominations of MOP issued by China Bank: 1,000 yuan, 500 yuan, 100 yuan, 50 yuan, 20 yuan and 10 yuan.
The China Bank's Macao currency is designed by using China's traditional arts and crafts techniques and combining the modern style of opening banknotes in many countries in the world. They are finely carved and beautifully patterned.
The theme pattern is selected on the front of China Bank's Macau MOP banknotes, and the lotus patterns with different postures and elegant shapes are matched on the back. The lotus watermark design implies that Macau is known as the "Land of Lotus", which reflects the social and economic stability, peace, development and prosperity of Macau.
Bank of China Macau Branch was established on1June 2, 9501day, formerly known as Nantong Bank of Macau, with a history of more than half a century. For a long time, it has supported economic development, maintained financial stability and promoted social progress in line with the business purpose of "taking root in Macao and serving Macao". At the same time, it has developed rapidly.
In the early days of CCB in 1950s and 1960s, Nantong Bank was only a bank registered as a sole proprietorship, and could only handle general traditional banking services such as remittance, settlement of foreign exchange and simple loans. In the 1970s, with the promulgation of the Banking Law of Macao and the development of various industries, Nantong Bank was transformed into a commercial bank according to law, with diversified business and became one of the important financial institutions in Macao. Since the 1980s, with the reform and opening-up of the motherland and the economic development of Macao, it has entered a period of all-round and rapid development, and has taken important steps in collectivization, diversification and electronicization.