Regulatory Update: Six Centers This Year! Bank of Communications Pacific Credit Card Centers in Nanjing and Other Locations Approved for Business Termination

Deep News
Sep 10

Recently, the Jiangsu Financial Regulatory Bureau issued approvals for the termination of operations at Bank Of Communications Co.,Ltd. Pacific Credit Card Center's Nanjing Branch Center, Xuzhou Branch Center, and Nantong Branch Center.

According to relevant approvals from the Jiangsu Financial Regulatory Bureau, since 2025, six branch centers of Bank Of Communications Co.,Ltd. Pacific Credit Card Center within Jiangsu Province have been approved for business termination. These include the Wuxi Branch Center, Changzhou Branch Center, and Yangzhou Branch Center, along with the recently approved Nanjing Branch Center, Xuzhou Branch Center, and Nantong Branch Center.

Additionally, in March 2018, the China Banking Regulatory Commission's Jiangsu Bureau issued approvals for the termination of Bank Of Communications Co.,Ltd. Pacific Credit Card Center's Taizhou Branch Center, with related business being merged into Bank Of Communications Co.,Ltd. Taizhou Branch. The approval also covered the termination of Bank Of Communications Co.,Ltd. Pacific Credit Card Center's Zhenjiang Branch Center, with related business being merged into Bank Of Communications Co.,Ltd. Zhenjiang Branch.

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