China is accelerating consolidation of small, mostly rural banks, with Fitch saying 670 lenders were closed in 2025 as Beijing seeks fewer, larger and better-capitalized institutions amid economic slowdown concerns.

Oct 5, 2026 - 06:25

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China is accelerating consolidation of small, mostly rural banks, with Fitch saying 670 lenders were closed in 2025 as Beijing seeks fewer, larger and better-capitalized institutions amid economic slowdown concerns.

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