UPDATE 2-China’s probe of rural bank chief renews worries over small banks’ health
China’s anti-corruption watchdog
said on Wednesday it is investigating the former chairman of a
rural bank for suspected corruption, and the central bank
promised to take “forceful” measures to preserve financial order
after depositors rushed to withdraw their savings.
said on Wednesday it is investigating the former chairman of a
rural bank for suspected corruption, and the central bank
promised to take “forceful” measures to preserve financial order
after depositors rushed to withdraw their savings.
Posted by Reuters