Chinese city of Bengbu will repay rural bank clients on Aug. 8
- Country:
- China
The Chinese city of Bengbu in Anhui province will start its next round of repayments to clients of a local rural bank on Aug. 8,the city's financial regulators said on Friday, after their funds were frozen in what authorities said was a complex scam.
Individuals with deposits of between 150,000 yuan ($22,233.09) and 250,000 yuan will be repaid, according to the statement from the regulators.
($1 = 6.7467 Chinese yuan renminbi)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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