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Is Hengshui Bank a regular bank?
Banks are regular banks.
1. Established according to law: Hengshui Bank is a local commercial bank established with the approval of the financial supervision department in accordance with the Commercial Bank Law of China and other relevant laws and regulations. This makes it legally qualified to operate financial business.
2. Financial supervision: Hengshui Bank is supervised by the People's Bank of China and the Insurance Regulatory Commission of Bank of China. These regulatory authorities are responsible for ensuring the normal operation and risk control of financial institutions and safeguarding the legitimate rights and interests of consumers.
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