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50 Cents Kiangsu Farmers Bank 1936
| Issuer | The Kiangsu Farmers Bank |
|---|---|
| Year | 1936 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | 伍角 江蘇 江蘇省農民銀行 積成拾角兌取壹圓國幣 |
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| Reverse lettering | KIANGSU THE KIANGSU FARMERS BANK TWO 50 CENTS TO BE EXCHANGED ONE DOLLAR 50 FIFTY CENTS GOVERNOR MANAGER 1936 |
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The Kiangsu Farmers Bank was one of several provincial agricultural banks that emerged in Republican China during the 1930s, operating under Nationalist government policy to extend rural credit and stabilize agricultural communities chronically underserved by urban commercial banks. These institutions occupied an uneasy middle tier — nominally provincial, but subject to increasing central oversight from Nanjing as Chiang Kai-shek consolidated financial authority throughout the decade.
Small-denomination fractional notes like this one circulated heavily in rural market towns where silver coinage had become scarce or was being hoarded. By 1937, the Japanese advance into Jiangsu effectively ended the bank's normal operations.