September 5th news, recently, a number of small and medium-sized banks announced to cut deposit interest rates. The reporter found that Yuanyang Rural Commercial Bank, Xinyang Zhujiang Village Bank, Tianzhen Hedong Village Bank, Qinzhou Qinnan National Village Bank and other small and medium-sized banks issued announcements saying that they will cut deposit interest rates in early September, with an adjustment range of 5 to 30 basis points. From the end of July, the state-owned banks launched a ...
On August 24th, Pan Gongsheng, the governor of the central bank, said that at present, our country's financial system is generally stable. Financial risks in key areas are being resolved in an orderly manner. The number and stock debt levels of financing platforms continue to decline, most of the maturing debt of financing platforms have been sequenced, restructured and replaced, and the financing cost burden has dropped significantly compared with before. The current number of high-risk small a...
On June 24th, according to the reporter's statistics, going back to the week before the approval was issued, 40 rural small and medium-sized banks have been absorbed, merged or dissolved, and this trend also shows the acceleration of the pace of rural small and medium-sized banks. In addition to the aforementioned village banks, Liaoning Rural Commercial Bank was approved to absorb and merge 36 rural small and medium-sized banks; Minsheng Bank acquired 1 village bank and set up branches; Donggua...