Deli Bank


Deli Bank

The Deli Bank was the first Chinese bank in Indonesia.[1] It was founded in Medan, Indonesia, in 1907 by the Tjong brothers, Tjong A Fie[2], (1860-1921) and Tjong Yong Hian (1850-1911), Mandarin capitalists from Mei Hsien, Guangdong, China, who had come over originally to recruit and supply Chinese coolies for plantation workers.[3] Also involved at this time were Cheong Fatt Tze who had entered the region from China, through Indonesia where he built his fortune but who was by that time, Vice-Consul for China, in Penang. Hsieh Yung-kuang was the fourth founding director of the bank.[4]

References

  1. ^ Asian Godfathers: Money and Power in Hong Kong and Southeast Asia By Joe Studwell Published by Atlantic Monthly Press, 2007; ISBN 0871139685, ISBN 9780871139689
  2. ^ http://id.wikipedia.org/wiki/Tjong_A_Fie
  3. ^ A plantation city on the east coast of Sumatra 1870-1942 (Planters, the Sultan, Chinese and the Indian) by Dirk A. Buiskool email: trijaya@attglobal.net; presented at The 1st International Urban Conference, Surabaya, 23rd-25th 2004, Medan
  4. ^ The Mandarin-Capitalists from Nanyang: Overseas Chinese Enterprise in the Modernisation of China 1893-1911 By Michael R. Godley; Contributor Patrick Hannan, Denis Twitchett; Published by Cambridge university press, 2002

See also



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