Regulator says the number of legal-entity financial institutions fell by 711 in 2025, highlighting Beijing’s push to merge weaker regional lenders into larger, better-capitalized banks
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Rural small and midsize lenders accounted for most of the decline, with their ranks shrinking 18.6%. Photo: VCG
Crackdown on high-interest loans squeezes smaller players and tightens pressure on lending platforms
Regulator shifts focus to risk control and loan quality after years of rapid expansion in inclusive finance
New guidelines tighten oversight of agricultural lending while shifting rural credit responsibilities to larger lenders
Emergency bonds, bank restructurings and central bank liquidity helped rein in risky local debt
Beijing is forcing a steep cut in borrowing costs across its multi-trillion yuan consumer credit market and dismantling the core…
Rural and privately owned lenders lifted some long-term rates to compete with state-owned banks, whose return to five-year…
