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3 Yuan Bank of Chinan

Issuer Bank of Chinan
Year 1939
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Currency Yuan (1935-1946)
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Obverse lettering 冀南銀行 叁圓 中華民國二十八年
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Reverse lettering BANK OF CHINAN THREE YUAN 1939
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Comments

The Bank of Chinan was a Japanese-sponsored institution established in 1938 to manage currency in occupied Shandong province — part of a broader Japanese policy of creating regional puppet banks to displace Chinese Nationalist currency and fund occupation costs through local note issuance. The 3 Yuan denomination is an unconventional one, and its appearance in this series reflects the practical need to fill gaps in circulation rather than any adherence to standard decimal banking logic.

Shandong's monetary situation in 1939 was genuinely chaotic, with Nationalist fabi, Federal Reserve Bank notes, and Bank of Chinan issues all competing in the same markets.

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