Henan Banking and Insurance Regulatory Bureau and Henan Provincial Local Financial Supervision Bureau issued an announcement stating that starting from 9 a.m. on August 30, Yuzhou Xinminsheng Rural Bank , Shangcai Huimin Rural Bank, and Zhecheng Huanghuai Rural banks, Kaifeng New Oriental Rural Bank off-book business customers' principal of a single institution and a single person will start to advance if the combined amount is 400,000 yuan to 500,000 yuan (inclusive), and continue to advance if it is less than 400,000 yuan (inclusive). If the amount exceeds 500,000 yuan, the amount will be advanced as 500,000 yuan. The rights and interests of the unpaid portion will be retained and will be handled in accordance with the law and regulations according to the recovery situation of the assets involved in the case.
announced that after this fund advance, the centralized advance work has been basically completed, and subsequent related matters will be handled by four rural banks. In view that a small number of customers who meet the conditions for advance payment have not completed information registration and advance payment application, the WeChat mini program "Village Bank Advance Payment" will be postponed to 17:00 on September 16, 2022.
In addition, if customers who have received advanced funds find that there are additional channels to obtain high interest rates or violate laws and regulations, the advanced funds will be recovered in accordance with the law. The
announcement reminds that customers who obtain high interest rates through additional channels will not be allowed to advance due to suspected participation in illegal fund-raising and will be dealt with by judicial authorities in accordance with the law. Their rights and interests that should be protected by law will be liquidated according to the law after the case is concluded based on the recovery of stolen goods and damages.
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