Is the deposit risk of Leshan Commercial Bank high?

The deposit risk of Leshan Commercial Bank is relatively low.

As a formal financial institution, Leshan Commercial Bank, although relatively small in scale, has been established for many years and has certain operational strength and credibility. Leshan Commercial Bank, as a legally operated commercial bank, is subject to the supervision and management of China's financial regulatory authorities, and must abide by relevant laws and regulations and undertake corresponding risk management and risk control responsibilities. In addition, China is protected by the Bank Insurance Law. If the deposit does not exceed 500,000 RMB, even if the bank fails, the depositor can get full compensation. This system provides additional protection for depositors and further reduces the risk of deposits.