Source:
https://scmp.com/news/china/article/1279499/free-loans-chinas-central-bank-rumours-lead-branch-closure China
PBOC branch put under siege after free loan rumour
Armed police called in as hundreds react to false report that bank was offering interest-free loans
The People's Bank of China 'does not grant interest-free loans'.
The recent cash crunch in the mainland banking system took a new twist when a branch of the People's Bank of China had to suspend operations after it was flooded by more than 1,000 people hoping to get interest-free loans from the central bank.
The branch, in Beihai, Guangxi autonomous region, temporarily stopped offering personal credit reports to individuals, days after it said "criminals" had spread rumours that the PBOC would grant interest-free and subsidised loans to anyone who could show a credit report.