More than 2,900 people are in trouble withdrawing their money from four rural banks in Henan and Anhui.
According to Sina Finance, the total deposit involves up to 1.2 billion yuan or about $180 million.
Bank depositors told Phoenix Net Finance that they could not withdraw cash or transfer money from April 21.
The last update on this issue from four official websites was from April 18 to 19, when the banks announced that they were upgrading systems. But they didn’t mention when they would be back in business.
The internet banking service of the four banks still isn’t available as of May 8.