China’s state insurance fund to take over Baoshang NCDs from July 8 – sources
China’s state-backed
deposit insurance fund will start taking over Baoshang Bank’s
interbank debts from July 8, three sources familiar with the
matter told Reuters, as regulators work to calm market jitters
after taking control of the lender in May.
deposit insurance fund will start taking over Baoshang Bank’s
interbank debts from July 8, three sources familiar with the
matter told Reuters, as regulators work to calm market jitters
after taking control of the lender in May.
Posted by Reuters
