On March 10, financial authorities approved two rural commercial banks in Shandong to raise their registered capital. The Jining Financial Regulatory Bureau issued two administrative approvals permitting Shandong Yutai Rural Commercial Bank to increase its registered capital by 9,061,071 yuan, raising it from 302,037,736 yuan to 311,098,807 yuan. Separately, Shandong Wenshang Rural Commercial Bank was authorized to boost its registered capital by 14,999,795 yuan, increasing it from 500,000,000 yuan to 514,999,795 yuan.
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