Henan Establishes Provincial Unified-Legal-Entity Rural Commercial Bank, Absorbing Over a Hundred Institutions
According to the video, Henan abandoned the plan for city-level unified legal entities and instead directly set up a provincial unified legal entity, merging round after round and absorbing over a hundred institutions in one go, with the provincial rural commercial bank's registered capital piling up to nearly 100 billion yuan; Henan's debt ratio exceeds 420%, and its legal entity elimination rate exceeds 60%.