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New Deal


Announced

Zhongyuan Bank to merge with Bank of Luoyang, Bank of Pingdingshan and Bank of Jiaozuo China Travel Services.

Synopsis

Zhongyuan Bank, provider of banking services, agreed to merge with a 3 commercial banks Bank of Luoyang, Bank of Pingdingshan and Bank of Jiaozuo China Travel Services. Financial terms were not disclosed. After the completion of the potential merger, Zhongyuan Bank will continue to expand its business and "enhance the ability of financial services for the economic and social development of the province."

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