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It’s a cautionary tale for the country ... rural commercial banks. All told, about 3,800 rural lenders account for 12% of the industry’s assets. They are significant lenders to small and ...
“I would say at least one-third or one-quarter of the small ... to the rural banks because of the relatively high returns that were offered. Now, many are struggling — with some drawing ...
Since 2019 several mid-tier banks have collapsed. Powerful investment managers and state financiers have melted down. But it is small, rural banks ... in 2022, drawing depositors onto the streets ...
This, analysts said, is part of the country's efforts to maintain stability and forestall risks in the financial sector. Small-scale rural banks should precisely target local market dynamics ...
The rural bank ... country could pose a serious test to the ruling Communist Party, which prizes stability and its ability to control any threats to it. While the amount of money at risk is small ...
China is merging hundreds of small rural banks to stomp out bad loan conditions, Bloomberg reported. In 2022, the bad-loan ratio of small banks was twice that of the whole sector. But previous ...
The Trump administration is targeting a federal program that subsidizes small banks in some of the poorest communities across the country ... lenders operating in rural and urban areas that ...
“Being sited in the middle of corn country but having these other strong factors is pretty unique for a small town ... Some 40 percent of rural counties lost bank branches between 2012 ...
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