1.The announcement said the bank has been renamed. Why have the name of outlets, signboard, etc still not changed?

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1.The announcement said the bank has been renamed. Why have the name of outlets, signboard, etc still not changed?

Home > Frequently asked questions concerning bank renaming > 1.The announcement said the bank has been renamed. Why have the name of outlets, signboard, etc still not changed?
Answer: Upon approval of China Banking Regulatory Commission and Administration for Industry and Commerce, currently the headquarter of SDB has completed change of business license and been official renamed as PAB. Later branches and outlets will have business seals, vouchers, signboard, etc updated and aligned successively as per applicable laws and regulations. The bank will timely and properly inform customers and other stakeholders by means and channels including but not limited to announcement, official letter, SMS, etc.