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Bank of Shanghai approves 2.1bn yuan credit line

July 22, 2025 at 09:31 AM UTCBy FilingReader AI

Bank of Shanghai approved a 2.1 billion yuan credit line to Postal Savings Consumer Finance Co., a related party. The one-year facility covers interbank lending, borrowing, and bond investments.

The approval coincides with governance reforms including proposals to revoke the Supervisory Board and amend the Articles of Association. Shareholders will vote on these changes and preferred share redemptions on August 8, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

SSE:601229Shanghai Stock Exchange
Shanghai Blue ChipBanks

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