On November 23, 2020, the China Banking and Insurance Regulatory Commission announced its approval in principle of Baoshang Bank entering bankruptcy proceedings, and the Beijing No. 1 Intermediate People's Court announced a ruling the same day accepting the application for bankruptcy liquidation of Baoshang Bank.
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中国证券报（转上海证券报）
2026-10-09 18:07 · 北京市第一中级人民法院23日发布民事裁定书显示，2020年11月17日，包商银行股份有限公司（下称“包商银行”）以无法清偿到期债务并且资产不足以清偿全部债务为由，向该院申请进行破产清算。
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第一财经
2026-10-09 18:07 · 11月23日，中国银保监会发布关于包商银行股份有限公司破产的批复称，原则同意包商银行进入破产程序。
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Baoshang Bank Enters Bankruptcy Proceedings; Beijing No. 1 Intermediate People's Court Rules to Accept the Bankruptcy Liquidation Application
2020.11.23 · Verified
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