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| Issuer | Farmer's Bank of Northwest China (西北農民銀行) |
|---|---|
| Year | 1943 |
| Type | Log in to see details |
| Value | 100 Yuan |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 西北農民銀行 壹百圓 中華民國三十二年 |
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| Reverse lettering | SIBEI NUNG MIN INXANG 100 I BAI YAN |
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| Comments |
The Farmer's Bank of Northwest China was a communist-controlled regional bank operating in the Shaan-Gan-Ning Border Region — the Yan'an base area governed by the Chinese Communist Party during the Second Sino-Japanese War. It issued its own currency as a deliberate economic weapon: notes circulated within the border region were used to displace Nationalist fabi and stabilize CCP-controlled territory against both Japanese military scrip and Chongqing's inflation pressure.
The S-prefix Pick reference places this firmly in the Chinese provincial and local issues, and the "Dd" suffix denotes a specific signature or plate variety within the 1943 100-yuan denomination — a high face value reflecting the inflationary pressures of wartime. By 1948, the border region currency was absorbed into the new Renminbi system and existing notes were retired.