Location: In the west street.
Description: Of many banks in Pingyao, Rishengchang Exchange Shop, the first bank which was established in 1643, is the most famous. What started out as a single businessman’s efforts to safely manage the accounts of his widely spread company, became a private banking enterprise that caught on like wildfire – a similar phenomenon occurred in Europe at the end of the Middle Ages. Now converted into a museum, the head office was as the same as it was in the Qing dynasty. There are 21 buildings surrounding three courtyards. On either side of the front yard are the counters. Main banking activities were carried out in the middle courtyard house, which functioned as an exchange center as nowadays.
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