Once a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: BaiduOnce a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: Baidu
Once a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: Baidu
Economy /  China Economy

Saga of China’s Bank of Jinzhou raises questions about the health of Chinese banking sector

  • China’s troubled Bank of Jinzhou is seeking to raise 6.2 billion yuan (US$866 million) just two months after it secured a 3 billion yuan (US$419 million) bailout
  • Problems at the company cast a spotlight on the risks facing regional lenders in China’s banking sector
Topic |   China economy
Zhou Xin
Zhou Xin

Updated: 11:53am, 4 Oct, 2019

Why you can trust SCMP
Once a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: BaiduOnce a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: Baidu
Once a poster child for China’s regional banks, Bank of Jinzhou became the centre of storm in the country’s banking industry. Photo: Baidu
READ FULL ARTICLE