Authorities in the province are now moving to pacify the restive bank clients who have been protesting against the freezing of their funds. bankfreeze protests
Authorities in China’s Henan province have reportedly announced plans for another round of repayments to clients of rural banks whose bank accounts have been frozen since April.
The repayments program is set to start on August 1 and according to an arrangement put forward by authorities, only clients with deposits that range between 100,000 yuan and 150,000 yuan qualify to receive a reimbursement., authorities in the province are now moving to pacify the restive bank clients who have been protesting against the three rural banks’ decision to freeze their funds.
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