The bank scandal in Henan has drawn rare protests and shaken confidence in China’s financial stability. Photo: AFP
The bank scandal in Henan has drawn rare protests and shaken confidence in China’s financial stability. Photo: AFP

China launches discipline probe into 3 more Henan officials as fallout from banking scam continues

  • Officials from local branches of the China Banking and Insurance Regulatory Commission and central bank under investigation
  • Henan and Anhui will start a third round of repayments on Monday to depositors affected by the ‘complex’ banking scam

The bank scandal in Henan has drawn rare protests and shaken confidence in China’s financial stability. Photo: AFP
The bank scandal in Henan has drawn rare protests and shaken confidence in China’s financial stability. Photo: AFP
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