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Is the credit loan of Bohai Bank a fraud?
Bohai Bank credit loan is not a scam. Bohai Bank is a regular bank. The full name of Bohai Bank is Bohai Bank Co., Ltd., which was established on February 29, 2005. Approved by China Banking Regulatory Commission (Yin (2005) No.337), it is a formal bank approved by the state and supervised by the banking regulatory authorities. Some investors put their money in Bohai Bank, so don't worry about safety. Bohai Bank is protected by the bank deposit guarantee system, and all deposits within 500,000 yuan are paid. Even if the bank goes bankrupt, it will be compensated with a high degree of security.