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1 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1939
Type Local banknote
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Obverse description Green on pink underprint. A central vignette at left presents a landscape with a pavilion or building set against mountainous terrain, rendered in fine line engraving. The denomination character 壹圓 appears in a large rosette at right, flanked by decorative corner panels. The bank name 冀南銀行 is inscribed across the top in Chinese characters, with the serial number and date of issue shown at lower margin.
Obverse lettering 冀南銀行
壹圓
中華民國二十八年印
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Comments

The Bank of Chinan (Chi-Nan Yinhang) was a Japanese-sponsored institution established in 1938 to serve the occupied territories of Shandong province. Its notes were part of a broader currency replacement strategy aimed at displacing Chinese Nationalist and existing regional currencies — forcing local populations to transact in instruments tied to Japanese occupation authority.

The 1939 dating places this note in the bank's earliest operational period. Counterfeiting of occupation-era regional issues was widespread, and the Nationalist government actively encouraged it as an economic disruption tactic.

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