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1944 - Crédit Foncier d'Extrême-Orient

1944 - Crédit Foncier d'Extrême-Orient Image

1944 Ordinary Share Certificate of Crédit Foncier d'Extrême-Orient issued on 6th October 1944

The bank was created in 1907 under the name of Franco-Belgian Society of Tianjin, with a capital of more than 4,000,000 francs. It was a consortium of several French and Belgian banks. In 1910 it took the name of Crédit Foncier d’Extrême-Orient which translates to “Land Bank of Far East”, and opened agencies in Hankou and Hong Kong during 1911. It also opened branches in Beijing in 1915, Tsi-Nan in 1918, the in the Malay Peninsula at Singapore in 1927, Malacca in 1929 and in Ipoh 1930.

Crédit Foncier d’Extrême Orient specialized in mortgage loans, infra-structure financing, construction and maintenance of buildings. From 1907 to 1959 approximately 30 architects worked for this company in China, Singapore and Hong Kong.

Due to the civil war in China, the bank finally closed its agencies in China, but maintained activities in Hong Kong and Singapore. The company was liquidated in 1959.

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