Gansu Financial Regulatory Bureau Issues 24 Approvals in Succession as Multiple Rural Credit Institutions Cleared to Dissolve
Deep News
Sep 24
On September 24, the Gansu Regulatory Bureau of the National Financial Regulatory Administration issued 24 approvals in succession, according to a financial frontline report.
Under these approvals, 12 rural credit cooperative unions, 4 rural cooperative banks, 3 village and township banks, and 5 rural commercial banks within Gansu Province have been cleared to dissolve.
All of their business operations, assets, claims and debts, as well as all other rights and obligations, are to be assumed by Gansu Rural Commercial Bank.
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