Pig Ebola: Chinese Banks Offer Pork to Reward Customers for Opening New Accounts
December 19th, 2019Via: South China Morning Post:
Handing out servings of expensive pork as a reward for opening an account is the latest gimmick being used by a growing number of small local banks across China to lure new depositors.
Banks are being forced to go to greater lengths to attract new deposits, since they generally earn less money from lending and have fewer funding options than their larger peers.
The fact that pork could be seen as a desirable reward for opening a bank account also speaks to the country’s massive shortage of its favourite staple meat.
