Bank of Gansu Announces Creditor's Rights Assets Transfer to Gansu Assets Management for RMB36.66 Million

Reuters

Jun 30

Bank of Gansu Announces Creditor's Rights Assets Transfer to Gansu Assets Management for RMB36.66 Million

Bank of Gansu Co., Ltd. has announced the transfer of non-performing assets to Gansu Assets Management. The transaction involves the transfer of Creditor's Rights Assets, with a principal balance and interest totaling approximately RMB189,133,900, for a consideration of RMB36,660,600. The agreement, finalized on June 30, 2025, aims to alleviate the pressure of non-performing assets on the Bank. Gansu Assets Management, a subsidiary of Gansu State-owned Assets Investment, was selected as the transferee following a public bidding process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Bank of Gansu Co. Ltd. published the original content used to generate this news brief on June 30, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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