Oriental Bank Corporation – HK’s first note issuing institution, 1847

HF: With thanks to moddsey for pointing out a couple of sources. The banking industry began in Hong Kong in 1845 with the opening of a branch of the Oriental Banking Corporation, which had its headquarters in India. This Bank was also the first bank in Hong Kong to issue banknotes when in 1847 “it put in circulation $56,000 worth of […]
» Read more