Is Dongying bank deposit risky?

Dongying Bank is a local commercial bank located in Shandong Province, China. Its predecessor was Dongying City Commercial Bank, which was established in September 2005 and renamed Dongying Bank in March 20 12. Dongying Bank, as a licensed bank, is supervised by China Banking Regulatory Authority, abides by national laws, regulations and regulatory requirements, and ensures legal and compliant business operations.

Regarding the risks of deposits, Dongying Bank, as one of the commercial banks in China, participated in the deposit insurance system of China Deposit Insurance Company.

This means that in the event of bank bankruptcy or other serious risk events, depositors' legal deposits can be guaranteed to a certain extent, and the maximum insured amount is 500,000 yuan per depositor. This provides a basic guarantee for all bank deposits in China. The personal certificate of deposit business provided by Dongying Bank also shows the safety of its products.