Does Qilu Bank Chua's Branch have deposit insurance?
Yes Cai's Branch of Qilu Bank, as a corporate financial institution, shall provide deposit insurance services in accordance with the relevant provisions of the state. At present, Chinese mainland has implemented the Regulations on Deposit Insurance, which clearly stipulates the scope, standards and compensation of deposit insurance. According to the Deposit Insurance Regulations, banks should pay the deposit insurance fund according to law to provide effective deposit insurance protection for depositors. Personal and corporate deposits accepted by banks can enjoy the deposit insurance protection within RMB 6,543,800 yuan provided by China Deposit Insurance Company, so as to ensure that depositors can get corresponding compensation in time in case of bank bankruptcy or serious operational difficulties.