Rural bank to support Pingyao's development

The Pingyao branch of China Rural Commercial Bank held an event themed around helping Pingyao develop into a prosperous county on March 17.

The bank offered Pingyao Coal Chemical Group credit worth 400 million yuan ($57.99 million) to support its development and provided 10 local students who are struggling financially with funds for their education. New financial products like loans targeted at farmers and white-collar workers were also launched during the event.

During the event Wang Chao, a top official of the county, expressed the hope that Pingyao Rural Commercial Bank will further support local economic transformation and improve services for local residents and companies.