Ariel
@Prolotario1
So I presume this is another bank aside from the Zhongrong International Trust Co. offices in Beijing that filed for bankruptcy 6 months ago that people are getting mixed up with Jiangxi Bank of China. Which are in two different locations.
Also Jiangxi Bank had proposed a final ordinary dividend for the financial year ending December 31, 2023, which is supposed to be payable on July 26, 2024. Which they seem to not have the money for.
Is this the reason why they filed for bankruptcy? It appears so.