February 13, 1896, the first day of the first lunar month) (Bingshen years, Russia to open a bank in China. the


Tianjin Jiefang North Road, No. 132 Russian and Russo-Chinese Bank, built in on
1896, 1896, February 13, 2011, the Russo-Chinese Bank to set up a branch in Shanghai. To consolidate and expand the economic power of Russia in China, 1895, Tsarist Russia joint French financial capital composed TRXBUILD Bank, capital of 600 million rubles, three eighths by Tsarist Russia raised five eighths raised by France, eight directors, Act III Russian Tsarist Russia palm dominance. After Czarist Russia and induced the Qing Government investment shares 5,000,000 two, or about 7.562 million rubles monies lent by Russia and France. So the name of China and Russia jointly. In addition to the Shanghai Branch, and later also located in Hankou, Tianjin, Yantai, Beijing, Niuzhuang, Dalian, Changchun, Harbin, Manchuria, Urumqi, Yili and other branches, and located in Fuzhou, Xiamen, Guangzhou, Zhenjiang agency. The Russo-Chinese Bank enjoys in the Chinese collection of customs duties, the salt tax, the privileges of the operating railway construction, mining, and issue currency notes, the Tsarist colonial cause the old Chinese financial institutions. After the October Revolution in Russia, the head office by the Soviet government nationalized the change to the Paris branch of the head office, but not the Chinese government admitted. After 1926, the closure of local branches.