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Guangzhou Rural Commercial Bank (01551): Wang Xigui has resigned from the positions of Chairman of the Board of Supervisors and Employee Supervisor.
Guangzhou Rural Commercial Bank (stock code: 01551) announced that, in accordance with organizational arrangements and due to work-related adjustments, Ms. Wang Xigui has submitted her resignation letter to the Bank’s Board of Supervisors, stepping down from her positions as Chairperson of the Supervisory Board and Employee Supervisor of the Bank’s Fourth Supervisory Board, effective June 18, 2026. Following her resignation, Ms. Wang Xigui will continue to serve as a member of the Bank’s Party Committee and fulfill her related duties.
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Guangzhou Rural Commercial Bank Updates 2025 Final Dividend and Tax Terms for H-Shareholders
GRCB: POLL RESULTS OF THE 2025 ANNUAL GENERAL MEETING,THE FIRST DOMESTIC SHAREHOLDERS CLASS MEETING OF 2026AND THE FIRST H SHAREHOLDERS CLASS MEETINGOF 2026 HELD ON 29 MAY 2026;PAYMENT OF THE FINAL DIVIDENDS;APPOINTMENT OF INDEPENDENT NON-E...
Guangzhou Rural Commercial Bank Sets 2025 AGM to Approve Financials and Overhaul Governance
Credit card market sees 'shift in dynamics': Rural commercial banks in multiple regions are stepping in to capture market share as national and joint-stock banks retreat.
①While state-owned and joint-stock banks are scaling back their credit card operations in county regions, it is not only the Guangdong Rural Credit Cooperatives but also rural credit systems in Guangxi, Zhejiang, and Jiangxi that have witnessed a phenomenon known as 'credit cards going rural.' ②Local banks are increasingly motivated to enhance customer stickiness through credit cards and generate profits via small-scale overdrafts.
The Five-year Shareholder Returns and Company Earnings Persist Lower as Guangzhou Rural Commercial Bank (HKG:1551) Stock Falls a Further 11% in Past Week