China Banking Regulatory Commission, Tentative Provisions on the Restructuring of Microfinance Companies into Rural Banks

中国银行业监督管理委员会小额贷款公司改制设立村镇银行暂行规定

Restructuring of a microfinance company into a rural bank requires a bank promoter.

2 minute readOctober 10, 2009 at 12:58 AM
By
clpstaff
& clp articles

Issued: June 9 2009

Effective: as of date of issuance

Main contents: To restructure into a rural bank, a microfinance company shall fulfil the following criteria:

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