The new rural commercial bank in Liaoning is being created from mergers of dozens of local rural credit unions
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China's National Financial Regulatory Administration said on Friday it had approved the setting up of rural commercial banks in Liaoning and Henan provinces, according to statements released on its website.
The new rural commercial bank in Liaoning is being created from mergers of dozens of local rural credit unions, it said. (Reporting by Ziyi Tang and Ryan Woo; Editing by Kim Coghill)
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