Chinese watchdog to encourage rural bank mergers
FILE PHOTO: Surveillance cameras are seen outside the China Banking and Insurance Regulatory Commission (CBIRC) building in Beijing, China December 13, 2018. Picture taken December 13, 2018. REUTERS/Stringer January 5, 2021 BEIJING (Reuters) – China’s top banking watchdog said on Tuesday it would encourage founders of rural banks to boost capital, and would promote mergers …
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