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Chinese bank chief found dead inside his office

Tianjin police suspect head of government-controlled rural commercial bank slit his wrists

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The Tianjin Rural Commercial Bank has assets worth over US$47 billion according to the latest figures. Photo: Reuters

The chairman of a regional bank in China’s northern city of Tianjin has been found dead in his office after his wrists had been slit, state media has reported.

Yin Jinbao, who has only chaired Tianjin Rural Commercial Bank for less than a year, died at around 2pm on Saturday, according to Jinyun New Media. The report cited local police sources as saying the death was a suspected suicide but gave no further details.

The bank did not immediately reply to the South China Morning Post’s request for comment via email on Sunday.

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Yin, 54, was promoted last year to become the chairman of Tianjin Rural Commercial Bank, one of major banks ultimately under control of the municipality’s government.

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He had previously served as a director at Tianjin Binhai Rural Commercial Bank.

According to its latest quarterly report, the bank had 305 billion yuan (US$47.7 billion) in assets at the end of March.

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