Yingkou Coastal Bank was one of two banks that suffered a run on deposits after rumours spread of a funding crunch. A spate of incidents have undermined confidence in banking institutions in China since the sudden nationalisation of Baoshang Bank last May. Photo: Reuters
Yingkou Coastal Bank was one of two banks that suffered a run on deposits after rumours spread of a funding crunch. A spate of incidents have undermined confidence in banking institutions in China since the sudden nationalisation of Baoshang Bank last May. Photo: Reuters