China revokes licenses of 670 rural banks in 2025
A report details China's efforts in restructuring the rural banking sector during 2025, which included the cancellation of licenses for 670 small and medium-sized banks, aiming to contain risks and enhance the resilience of the regional financial system. These measures resulted in a reduction in the number of supervised financial institutions to 6,489, a decrease in non-performing loans by 18.7 billion yuan, and improvements in the capital adequacy indicators of new banks, with the average capital adequacy ratio rising to 13.01%. The initiatives aim to create more well-capitalized and sustainable banks, reduce risks, and develop the capabilities of rural financial institutions to bolster resilience and stability in China's rural areas.
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