Mengjiang Bank

[1]: 6 A predecessor of the Mengjiang Bank, the Chahar Commercial Bank, was established in the interwar period in Kalgan (now Zhangjiakou), then the capital of Chahar Province in Inner Mongolia.

After conquering the region in the summer of 1937, the Japanese occupation forces established the region of South Chahar or Cha-Nan, and in 27 September 1937 established the Chanan Bank as a bank of issue fully owned by the Chanan occupation government,[2]: 36  which started operations in Kalgan on 1 October 1937 then opened branches in several cities of the region such as Hohhot.

[2]: 37 The Chanan Bank turned out to be short-lived, however, and was soon reorganized as the Mengjiang Bank, established on 23 November 1937 and opened on 1 December 1937,[2]: 38  on Gulou West Street in Kalgan.

In addition to banknotes, the Mengjiang Bank minted coins, which had a face partly written in Mongolian script with dating referring to the number of years since the era of Genghis Khan.

[3] By 1945, the Mengjiang Bank had issued over 4.2 billion yuan in banknotes and coins.