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How about Sanxiang Bank?
The bank's stability and maturity are insufficient.
Sanxiang Bank is a new private bank that is growing rapidly. Compared with joint-stock banks and large state-owned banks, the business model and development direction here are still in the exploratory stage, so the stability and maturity Still needs to be improved.
In the first three quarters of 2022, Hunan Sanxiang Bank's total assets and total liabilities both "shrunk", and operating income, total profits, and net profits all declined, with net profits falling by more than 40% year-on-year.
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