China Banking Regulatory Commission, Circular on Matters Relevant to Revising the Approval Procedure for the Establishment of Rural Banks

中国银行业监督管理委员会关于调整村镇银行组建核准有关事项的通知

September 03, 2011 | BY

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Stricter approval procedures for the establishment of rural banks.

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Main contents: Currently the China Banking Regulatory Commission (CBRC) is responsible for the administration of the number of rural banks to be established, while the main promoter bank, locations and