The news that "Yangquan Commercial Bank is facing bankruptcy" is purely a rumor. Yangquan Commercial Bank has issued a statement informing the bank of normal operations and no operational problems.

The predecessor of Yangquan Commercial Bank is Yangquan City Credit Cooperative, which was first born in 1985. In December 1991, the city credit cooperative broke away from the Yangquan City Industrial and Commercial Bank of China and was directly managed by the Yangquan City People's Bank. Yangquan Commercial Bank has 24 internal management committees, departments and offices, with 1 business department and 15 branches spread across Yangquan’s “three districts and two counties”.

Extended information:

The products and services of Yangquan Commercial Bank are as follows:

1. Credit intermediary: refers to the role of banks in transferring surplus from economic activities The role of an intermediary that connects units is the most basic function of commercial banks. It converts idle money into capital, makes full use of idle capital, and converts short-term funds into long-term funds.

2. Payment intermediary: refers to the bank using checks to handle business activities such as currency settlement, currency exchange and deposit transfer for customers through the transfer of funds from customers' current accounts, which can save circulation costs and reduce bank financing costs. Expand sources of bank funds.

3. Financial services: refers to banks taking advantage of their special status and advantages in the national economy with wide contacts and well-informed information, and using the large amount of information they obtain in the process of performing their functions of credit intermediary and payment intermediary. With the help of advanced means and tools such as electronic computers, we provide customers with various financial services such as financial consulting, financing agency, trust leasing, collection and payment.

Baidu Encyclopedia-Yangquan Commercial Bank

Ifeng.com-Shanxi Yangquan Commercial Bank: normal operations to ensure full and timely payment of withdrawals

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