Leshan Rural Commercial Bank Approved to Launch Credit Card Issuance Business

Deep News12-10

On December 10, the Leshan Supervision Branch of the National Financial Regulatory Administration issued an approval for Leshan Rural Commercial Bank Co., Ltd. to launch credit card issuance services. The bank is authorized to use the Xingchuan Credit Card brand under Sichuan Rural Commercial United Bank (formerly the Provincial Credit Union) for this business.

The regulatory branch emphasized that the bank must strictly comply with the "Commercial Bank Credit Card Business Supervision and Management Measures" and other relevant regulations. It is required to establish a robust risk management and internal control system for credit card operations to effectively mitigate risks and ensure steady development of the business.

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