Banque Industrielle de Chine
Former Paris-based bank / From Wikipedia, the free encyclopedia
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Not to be confused with National Industrial Bank of China or Industrial and Commercial Bank of China.
The Banque Industrielle de Chine (BIC, "Industrial Bank of China"; Chinese: 中法實業銀行) was a French bank with its main activities in China and French Indochina. It was created in 1913, expanded rapidly, but closed in 1921 because of the political context in China, causing a political controversy in France. Its activity was continued by the Franco-Chinese Bank, in China until the 1950s and in Indochina until the 1970s.