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Does Evergrande have any influence on Dongguan Bank?
Does not affect. Bank of China Dongguan Evergrande Yuhu Sub-branch is a Evergrande Yuhu Sub-branch established in Dongguan by Evergrande Real Estate Group and BOC Consumer Finance Co., Ltd., which is mainly responsible for providing mortgage loans to property buyers. At the same time, Dongguan Bank is one of the largest local commercial banks in Dongguan, mainly serving enterprises and individuals in Dongguan, so Evergrande has no influence on Dongguan Bank.