Who took over the Bank of Jinzhou
Jinzhou Bank was taken over by ICBC. Jinzhou bank by industrial and commercial bank, cinda and other capital injection to take over, industrial and commercial bank, China cinda or will become this bank first and second controlling shareholder. The main reason for ICBC to take over Jinzhou Bank is for the consideration of financial stability and risk control. Before the takeover, Jinzhou Bank faced a series of problems, including declining asset quality, insufficient capital adequacy, and liquidity constraints. These problems have led to rising operational risks for Jinzhou Bank, posing a serious threat to the interests of depositors and creditors. In order to prevent the risk from spreading further and to protect the interests of depositors and creditors, the regulator decided to put Jinzhou Bank into receivership.