PREVIEW

... rate some of the existing small banks into a large joint bank controlled by the government.

Private capital can choose to continue joining the large joint bank, which, being government-controlled, will receive supportive policies and definitely won’t suffer losses in the future.

Alternatively, they can choose to exit in a timely manner. After the integration, the shares they hold will be bought by the government and the Royal Family, ensuring their costs are covered.

As f ...

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