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- World Currency /
- China Communist Banks /
- Shaanxi-Gansu-Ningxia Border District Bank
Greysheet Catalog Details
The Shaanxi-Gansu-Ningxia Border District Bank (SGN) was founded in late 1937 after a reorganization of the Chinese Soviet People’s Republic National Bank Northwest Branch (B21591). Initially, it issued only coupons. It was headquartered in Yan’an, Shaanxi Province, and its first president was Cao Juru. The name of this issuer, as well as other text on the notes, appears in the now defunct Latinxua Sin Wenz (Latinized New Script). This was the first romanization system used in place of Chinese characters by native Chinese speakers and was developed by groups of Chinese and Russian scholars in the USSR. For a time, shortly before and after the Communist Revolution of 1949, the system was very important in spreading literacy.
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