Guizhou Rural Commercial United Bank Approved to Acquire Shares of Multiple Rural Credit Institutions

Deep News2025-12-18

On December 18, financial authorities in Guizhou approved multiple equity change applications. The approvals indicate that the Guizhou regulatory bureau of the National Financial Regulatory Administration has agreed to allow Guizhou Rural Commercial United Bank Co., Ltd. to acquire shares from 16 rural commercial banks and 5 rural credit cooperatives.

On December 15, the same regulatory body issued an approval for the commencement of operations for Guizhou Rural Commercial United Bank Co., Ltd. The approved business scope includes: handling or acting as an agent for fund clearing and settlement within the Guizhou Rural Commercial Bank system; participating in capital markets to facilitate financing for the system; organizing fund allocation within the system; and conducting other business activities approved by financial regulatory authorities.

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