Former L'indo Bank of China

    Updated : 2013-11-01 By : Source :

    Former L'indo Bank of China

    The Former L'indo Bank of China was situated at 77-79 North Jiefang Road, Heping District. It is now the heritage site under city/county protection and the important protection historic architecture in Tianjin and used as an office building.

    The L'indo Bank of China was established in Paris in 1875. In the early twentieth century, branches of the bank were set up in Shanghai, Tianjin, Beijing, Hankou, Guangzhou, etc. The Tianjin branch was set up in 1907 and specialized in inward documentary bills, outward documentary bills and foreign exchange trading. In 1913, the bank signed the Reorganization Loan Agreement together as the French member of the Consortia of Five Banks.

    After the Pacific War broke out, the L'indo Bank of China remained operating via political means and became the leading figure of the foreign banks in Tianjin. After the foundation of the People's Republic of China, the L'indo Bank of China was authorized to handle foreign exchange business. The bank was closed down in 1957.

    The office building of the L'indo Bank of China was designed by Credit Foncier d'Extreme Orient and built in 1912, covering an area of some 1200 square meters and creating a floor area of about 3500 square meters. The walls of the first floor were covers with stone-like concrete and those of the second and third floors were red brick and furred walls. It belongs to the Western classical architecture style.

    Former L'indo Bank of China

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