Regulator Approves Share Placement Plan for Shanxi Rural Commercial Bank
Deep News
Sep 07
On September 7, the Shanxi branch of the National Financial Regulatory Administration issued an approval document consenting to the targeted share placement scheme of Shanxi Rural Commercial Bank Co., Ltd. (referred to as Shanxi Rural Commercial Bank).
On the same day, the Shanxi financial regulator also disclosed the shareholder qualification approval for Shanxi Rural Commercial Bank. According to the document, following the capital injection, the bank will hold 230.65 million shares in Shanxi Liulin Rural Commercial Bank, representing a 46.01% stake.
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