2005年08月31日

National Bank of Romania

National Bank of Romania[Banks Banks]
National Accounts and the Estimation of Gross Domestic Product and Its Growth Rates for Romania (World Bank Staff Working Papers ; No 774) Name:National Accounts and the Estimation of Gross Domestic Product and Its Growth Rates for Romania (World Bank Staff Working Papers ; No 774)
Catalog:Book
Release:01 November, 1985
Manufacturer:World Bank
SalesRank:3849882

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National_Bank_of_Romania


The National Bank of Romania (Romanian: ''Banca Naţională a Rom?niei''; Acronym: ''BNR'') is the central bank of Romania and was established in April 1880. The current governor is Mugur Isarescu(Mugur Isărescu).In 1916, the valuables of the National Bank of Romania, together with many other valuables (the Romanian Treasure) were sent to Moscow, Russia for safekeeping, but were never returned.It became the only bank of Communist Romania.On 28 July 1959, a armed group of six Jewish intellectuals and members of the Romanian Communist Party apparatus (the Ioanid Gang: Alexandru I! oanid, P aul Ioanid, Igor Sevianu, Monica Sevianu, Saşa Muşat and Haralambrie Obedeanu), stole from an armored car of the National Bank of Romania 1,600,000 lei (about 250,000 1959 dollars).
It was probably the most scandalous bank robbery in the Soviet bloc.

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Banks Banks Renewal 2005.08.31 



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2005年08月30日

Bank of Manchukuo

Bank of Manchukuo[Banks Banks]
CASIO DBC62-1 TeleMemo DataBank Wrist Watch Name:CASIO DBC62-1 TeleMemo DataBank Wrist Watch
Catalog:Electronics
Release:
Manufacturer:CASIO
SalesRank:39328

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Bank_of_Manchukuo


The Bank of Manchukuo, was the central bank of the Japanese-sponsored state of Manchukuo. The bank was established at Hsinking on June 15, 1932 with a capital of 30,000,000 yuan, and opened its doors for business on July 1 as the amalgamation of the four note-issuing banks active in Manchuria priod to that time, namely: the Bank of the Three Eastern Provinces, the Bank of Jilin(Kirin), the Bank of Heil! ongjiang(Heilungkiang) and the Frontier Bank controlled by local warlord Chang Tso-lin.The principal functions of the Bank of Manchukuo were to act as a repository for the funds of the Manchukuo State Treasury, control the money market, unify the monetary system of Manchoukuo and stabilize its currency. However, the Bank also engaged in ordinary Bank( banking) business such as granting agricultural, industrial and commercial Credit(finance)(credit). In addition, the Bank served as Japan's agent in Manchukuo with the withdrawal of the Korean Bank of Chosen from the region. With its head office in Hsinking, the Bank had nearly 140 branches throughout Manchoukuo, China and Japan.Pursuant to the Currency Law of 1932 which authorized the creation of the Bank, Manchukuo adopted a unit of currency, the Yuan of Manchukuo, containi! ng 23.91 grams of pure silver, the metal on which Chinese currencies traditionally were based. The Bank was Reserve requirements(required) by its charter to hold as a Bank reserves(reserve) against its issued notes at least 30% of the value of such issue in Precious metal(gold and silver bullion), reli! able for eign currencies and deposits with foreign banks in gold and silver accounts. The Bank's notes were not required to be redeemable in specie. Due to worldwide fluctuations in the price of silver during the 1930s, Manchukuo took the yuan off a silver standard in 1935 and subsequently pegged the yuan to, and later reached approximate exchange parity with, the Japanese yen.The Bank initially issued approximately 150 million yuan in notes in 1932. By 1936, their aggregate value exceeded 200 million yuan, rising to 300 million in 1937, 400 million in 1938 and 620 million by the end of 1939. Throughout this period about half the value of the issued notes was backed by specie reserves. The notes issued! were in five denominations, one hundred, ten, five and one yuan and five chiao (one-half yuan). To keep up with the inflation(inflationary) pressures typically experienced by Japanese controlled areas towards the end of World War II, a 1,000 yuan note was issued in 1944. In 1948, after the end of World War II, approximately 12 billion yuan of Central Bank of Manchukuo notes were redeemed by the Tung Pei Bank.As with Chinese coinage of the time, Manchukuo's coinage was based on the decimal system, one-tenth of the yuan being called the "chiao," one-hundredth called a "fen"! and one -thousandth, a "li." Under the Currency Law the Central Bank of Manchukuo was authorized to mint 1 chiao and 5 fen coins of a nickel-copper alloy and 1 fen and 5 li coins of a copper-tin-zinc alloy.

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Banks Banks Renewal 2005.08.30 

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2005年08月27日

Global day

Global day[Banks Banks]
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Banks Banks Renewal 2005.08.27 

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