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100 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1945
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Shape Rectangular
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Obverse lettering 冀南銀行 壹百圓 中华民国三十四年
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Reverse lettering BANK OF CHINAN ONE HUNDRED YUAN 100 1945
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Comments

The Bank of Chinan was a communist-controlled regional bank operating in the Shandong-Jiangsu border region during the final years of the Second Sino-Japanese War. Its notes circulated in territory contested between Japanese occupation forces, the Nationalist government, and Communist Party administration — a zone where currency confidence was enforced more by political control than economic backing.

By 1945, the bank was issuing high-denomination notes to cope with wartime inflation that had eroded smaller values almost entirely. The S-prefix in the Pick reference reflects its classification as a regional or quasi-governmental issue rather than a central bank emission.

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