China to protect client interests to greatest extent after taking over Baoshang Bank

0 Comment(s)Print E-mail Xinhua, May 26, 2019
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BEIJING, May 26 (Xinhua) -- China will protect the legitimate rights and interests of depositors and other clients to the greatest extent after taking over the Inner Mongolia-based Baoshang Bank, an official statement said Sunday.

The country will firmly guard against systemic risks, and keep the commercial bank's businesses uninterrupted, according to the joint statement by the People's Bank of China and the China Banking and Insurance Regulatory Commission. Enditem

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