Is Bianjing Commercial Interest-free Loan Safe?

Safe. Kaifeng Bianjing Rural Commercial Bank is approved by the state. The former CBRC said that no new rural cooperative banks would be established, all rural cooperative banks would be transformed into rural commercial banks, and dividends on capital stocks would be completely abolished. Eligible rural credit cooperatives will be transformed into rural commercial banks, so interest-free loans to Bianjing business are safe. Loan means that banks, credit cooperatives and other institutions lend money to units or individuals who use money, and generally agree on interest and repayment date. Loans in a broad sense refer to loans, discounts, overdrafts and other borrowing funds.