The Central Bank of the Republic of China, known as the Central Bank of China until a 2007 renaming, is Taiwan's monetary authority. It was established in 1924 in Guangzhou to serve mainland China's Nationalist government, relocated to Taiwan after the Chinese Civil War, and assumed control of banknote issuance from the Bank of Taiwan in 1961, its original archives having been lost when the steamer Taiping sank during the transition. Headquartered in Taipei's Zhongzheng District and operating under the Executive Yuan, the bank manages the New Taiwan dollar and carries out the standard central-banking functions of banking oversight, foreign exchange management, and treasury operations.
Facts
Founding Year Headquarters Classification
Institution Subtype Geography
Country or Jurisdiction Served In the Other Atlases
- Also in Geography Atlas: Taipei, located there.
Sources
1. Wikipedia: Central Bank of the Republic of China (Taiwan)
Wikimedia FoundationWikipedia lead paragraph (founding year and headquarters)
The Central Bank of the Republic of China (Chinese: 中華民國中央銀行; pinyin: Zhōnghuá Mínguó Zhōngyāng Yínháng), formerly the Central Bank of China from 1924 to 2007 and still referred to by its acronym CBC, is the central bank of Taiwan, headquartered in Taipei. Established in 1924 in Guangzhou, the bank relocated to Taiwan after the Chinese Civil War and assumed control over banknote issuance from the Bank of Taiwan in 1961.
Wikipedia lead paragraph (headquarters clause)
The Central Bank of the Republic of China (Chinese: 中華民國中央銀行; pinyin: Zhōnghuá Mínguó Zhōngyāng Yínháng), formerly the Central Bank of China from 1924 to 2007 and still referred to by its acronym CBC, is the central bank of Taiwan, headquartered in Taipei. Established in 1924 in Guangzhou, the bank relocated to Taiwan after the Chinese Civil War and assumed control over banknote issuance from the Bank of Taiwan in 1961.
Introduction, institution-subtype
The Central Bank of the Republic of China, known as the Central Bank of China until a 2007 renaming, is Taiwan's monetary authority.
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