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Is Li & Fung Bank a regular bank?
Yes

Li & Fung Bank is a regular bank, and its deposits in Li & Fung Village Bank are also very safe. This bank is a formal personal bank approved by the state, and its capital injection is also in compliance, so it is a relatively reliable bank.

Mo Lifeng Rural Bank is a new legal financial institution approved by China Banking Regulatory Commission. Adhering to the development concept of "based on agriculture, countryside and farmers, enriching the people and benefiting farmers, and inclusive finance", and adhering to the operating principle of "small amount, mobility and dispersion", it is committed to serving local economic construction and injecting new vitality into local financial markets.