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Can local banks issue trusts? Can a trust be local?

First you need to understand trust products and issuing trusts. Trust products can only be made by trust companies. After the trust companies have completed the trust products, they can entrust banks to issue trust products. For example, if Trust Company A makes a trust product and needs to raise 100 million yuan, it can entrust Bank B to raise funds from the public.

Generally speaking, trust companies can only raise funds in the place of registration. If they raise funds across regions, they need to report to the local banking regulatory bureau for approval.