Regulator Approves Establishment of Three New Rural Commercial Banks in Guizhou
Deep News
Sep 22
On September 22, the Guizhou branch of the National Financial Regulatory Administration issued three consecutive approvals, greenlighting the establishment of Guizhou Tongren Rural Commercial Bank Co., Ltd., Zunyi Rural Commercial Bank Co., Ltd., and Guizhou Anshun Rural Commercial Bank Co., Ltd. This move signals an acceleration in the reform of Guizhou's rural credit cooperative system. Earlier this June, the Qianxinan, Bijie, and Liupanshui financial regulatory sub-branches also issued approvals for the establishment of Qianxinan Rural Commercial Bank, Bijie Rural Commercial Bank, and Liupanshui Rural Commercial Bank, respectively.
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