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50 Fen
| Issuer | Chi Tung Bank |
|---|---|
| Year | 1937 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#J113 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | 冀東銀行 伍角 五 5 |
| Reverse description | Log in to see details |
| Reverse lettering | 50 FEN 伍角 |
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| Comments |
The Chi Tung Bank was a Japanese puppet institution established in 1935 to serve the East Hopei Autonomous Council, a collaborationist buffer state carved out of northeastern Hebei province. Notes like this 50 Fen piece circulated in a politically severed zone designed to weaken Nationalist monetary control north of the Great Wall before the full-scale invasion of 1937 made such administrative fictions unnecessary.
The bank was dissolved and its currency rendered worthless following the reorganization of Japanese-controlled financial structures in northern China under the Federal Reserve Bank of China, established in 1938.