Volume 2 - Issue 1, January - February 2026

This article examines the pivotal role of the Banque de l'Indochine (BIC) often characterized as the "heart and mind" of the colonial economy in catalyzing the rubber industry in Cochinchina from 1875 to 1945. Leveraging its exclusive privilege of banknote issuance and formidable financial capital, the BIC functioned not only as the supreme credit institution but also as a direct stakeholder in major rubber conglomerates, such as the Compagnie Indochinoise de Plantations d'Hévéas and Caoutchouc du Donai. Through sophisticated financial operations, including foreign exchange, discounting, and capital underwriting, the Bank facilitated the territorial expansion of plantations, the modernization of technical infrastructure, and the consolidation of specialized agricultural export zones. While direct agricultural credit for the indigenous population remained marginal, the BIC’s strategic interventions ensured maximum profitability for French capital, elevating rubber to a spearhead economic sector and fundamentally restructuring the socio-economic landscape of colonial Cochinchina.

Dr.Duong To Quoc Thai, Dr.To Tuan Dat,"The Role of the Banque de l’Indochine in the Formation and Development of Rubber Plantations in Cochinchina (1875-1945)" International Journal of Advanced Multidisciplinary Research and Educational Development, V2(1): Page(766-773) Jan-Feb 2026. ISSN: 3107-6513. www.ijamred.com. Published by Scientific and Academic Research Publishing.