Bank Of Indo-China
p. 18 · Read in the full issue
A FRENCH financial paper says that, now the Bank of Indo-China (which operates in the French Pacific as well as in the Colonies) has had its right to issue banknotes (withdrawn, it will enlarge its ordinary banking activities.
The bank, closely allied to the Banque de Paris et des Pays Bas, has greatly ex tended its activities in regions other than the Orient, including Africa and America.
Capital has been raised from 127,500,000 francs to 510,000,000 francs by a new share issue on conditions most favourable to shareholders.